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Tag: China

Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

June 20, 2021 wp-bot Bitcoin News

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is

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Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery

June 19, 2021 wp-bot Bitcoin News

Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show

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Data suggests the strong US dollar makes Bitcoin weaker argument is flawed

June 19, 2021 wp-bot Cointelegraph

Analysts and traders are linking Bitcoin’s bearish turn with the growing strength of the U.S. dollar, but data suggests otherwise.

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Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals

June 18, 2021 wp-bot Bitcoin News

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able

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Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

June 18, 2021 wp-bot Cointelegraph

Bitcoin’s production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.

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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

June 18, 2021 wp-bot Bitcoin News

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down

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