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Binance’s Mining Pool Could Disrupt the Entire Mining Industry
10.5.2020
Binance’s entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
10.5.2020
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status....
Chinese Court Rules Bitcoin Is Asset Protected by Law
9.5.2020
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...
Fake News: New Reports Allege Bitmain Street Brawl Was Overstated
9.5.2020
New information appears to show that an alleged street brawl between execs at Bitmain did not occur as reported
China Telecom: Blockchain Has Significant Use-Cases for 5G
9.5.2020
In a recent interview, China Telecom chairman said that blockchain has high-potential use cases to enhance 5G network services
China’s Blockchain Love Affair Continues With New Financial Pilot
9.5.2020
A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology
Bitcoin Pre-Halving Hash Rate Volatility to Shake Up the Mining Sector
8.5.2020
As the halving approaches, Bitcoin’s hash rate sees major volatility. So what does it mean, exactly?
Bitmain Exec Reportedly Arrested After Street Brawl With Co-Founder
8.5.2020
Power struggle at Bitmain intensifies as the company’s executive reportedly gets arrested for partaking in a mob attack on the company’s ousted co-founder
Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation
8.5.2020
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl
China's Dominance in Bitcoin Mining Dropped Amid Growing Competition
7.5.2020
Chinese Bitcoin (BTC) miners' share in Bitcoin's hashrate, or the computational power of the network, shrunk this year when hashrate jumped by 25%, while the US returned to second place, according to the Bitcoin Mining Map created by the Cambridge Centre for Alternative Finance (CCFAF).
The...
Top Facts on China’s Crypto Yuan and Related Blockchain Projects
7.5.2020
As China stops the spread of COVID-19 inside the country, the government announced two of the largest crypto and blockchain-related developments
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
A Single Chinese Region Accounts for One-Third of Global BTC Hash Rate
7.5.2020
Cambridge University has launched a ‘Bitcoin Mining Map’ that shows the distribution of hashing power worldwide as well as within China
Bitcoin Is a Digital Asset Says Intermediate People’s Court in China
6.5.2020
A court dispute between an international couple and four Bitcoin robbers has come to an end
Former Bank of China President Says Digital Yuan Can Replace Cash
6.5.2020
A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met
Agtech Firm Tracks Beef Exports From Australia to China Using Blockchain
5.5.2020
Blockchain has been used to trace beef products from a farm in rural Australia to supermarkets in Shanghai
Major Chinese Crypto Miners Expect Influx of New Bitcoin Buyers
5.5.2020
Several prominent Chinese cryptocurrency miners expect a wave of new Bitcoin buyers following the halving
CZ Insists That DDoS Attacks Were Foul Play From Binance Competitors
4.5.2020
Binance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto
VeChain, Mastercard and Alipay Join Australia-China Supply Chain Consortium
4.5.2020
VeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, focused on Australia’s $76 billion of exports to China
Bitmain Recovers, Claims Profits Despite Pandemic and Power Struggle
3.5.2020
Chinese cryptocurrency mining hardware producer Bitmain is now poised for a rebound after hitting a rough patch