Many Bitcoin miners in China are down with the blues as Beijing forces several operations to go offline.
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A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
The benchmark cryptocurrency slipped briefly under the $29,500-level on June 22 as a Glassnode report indicated the possibility of miner capitulation in China.
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Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners
Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply.
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Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes
Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities
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Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning
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Crypto miners eye cheap power in Texas, but fears aired over impact on the grid
Miners dislocated by China’s crackdown are looking to Texas for cheap electricity, but the state’s grid is already on the brink of disaster amid a
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