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Tag: Mining in China

“BitPinas Reports on Crypto Market Performance: Polygon and AXS Among Top Gainers and Losers on June 11, 2023”

As the world of cryptocurrency continues to evolve and grow, it's important to stay up-to-date on the latest market trends and performance. BitPinas, a...

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Once A Promised Land For Bitcoin Miners, Kazakhstan Is Shifting The Regulatory Crosswinds

Following a ban on Bitcoin mining in China, many operations fled to neighboring Kazakhstan. Now, changing regulations raise questions about their future.

China outlaws crypto fundraising, offenders could face jail sentences

Under new legal interpretation from China’s Supreme People’s Court, raising funds using cryptocurrency is deemed as an illegal activity in the country, according to South China Morning Post.

The post China outlaws crypto fundraising, offenders could face jail sentences appeared first on CryptoSlate.

How 2021 Became One Of The Most Surprising, Formative Years In Bitcoin Mining

Numerous developments made 2021 an unprecedented year in Bitcoin mining, setting the stage for a monumental 2022.

The US Is #1 in BTC Hash Rate

October 14, 2021by Mark Murdock October 14, 2021       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Binance...

Evergrande Crisis and its Impact on the Cryptocurrency! What Awaits For The Crypto Market This Thursday

The post Evergrande Crisis and its Impact on the Cryptocurrency! What Awaits For The Crypto Market This Thursday appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto market after a slight relief is again falling into the bearish trap. Bitcoin price yet again begins to tank again below $43k.The crypto industry, while in the bear run, sees further push-back from the ban on crypto mining in China, and Evergrande’s debt crisis.  It is known to the masses in the industry …

On-chain Bitcoin Activity Reverses Multi-Month Decline Streak with Increases in Avg. Daily Transactions, Payments: Report

Blockchain.com, a crypto wallet provider, digital asset exchange, and block explorer service, notes in a recent crypto market report that longtime Bitcoin (BTC)...

Bitcoin Mining Industry Booms As Daily Revenue Skyrockets Past $40 Million

The Chinese crackdown on the cryptocurrency industry saw over 50% of the hashrate of Bitcoin mining go offline. The Bitcoin network has however shown its resilience as it is recovering remarkably well from the FUD generated by the crackdown on Bitcoin mining in China. Recent reports show that on one hand, a hashrate recovery is […]

Pump up the FUD! China in Zukunft gegen Bitcoin?

#ZeroFuchsGiven ist das Format, in dem Fuchs Inc. Begründer Marc Fuchs regelmäßig auf aktuelle Themen eingeht und die Fragen der Fuchs Inc. Community...

Grayscale CEO says GBTC will turn out to be ETF

CEO Michael Sonnenshein mentioned in an interview yesterday that Grayscale was nonetheless 100% dedicated to changing GBTC into an ETF In an interview with CNBC’s Squawk Box yesterday, Grayscale CEO Michael Sonnenshein was constructive in regards to the prospect of a Bitcoin exchange-traded fund (ETF) within the US within the close to future. Sonnenshein started […]

The post Grayscale CEO says GBTC will turn out to be ETF appeared first on Bitcoin Upload.

IBC Group Plans to Relocate BTC Mining Facilities Out of China to the US, Canada, and More

Amid the ongoing crackdown on crypto mining in China, IBC Group plans to move its mining infrastructure out of the Asian country.

Kazakhstan Introduces Additional Taxes for Crypto Miners

A new law will impose an additional tax fee for the energy used by cryptocurrency mining operators in Kazakhstan.

Marathon Digital’s Latest Update Suggests Uptick in U.S. BTC Mining

One of North America’s largest enterprise bitcoin (BTC) self-mining operations produced 265.6 new minted bitcoins last month, a company update revealed.Sponsored Sponsored Marathon...

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