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China
ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Canaan plans to deploy 850,000 TH/s in the near term.
Key Factors Impacting Bitcoin Market Movement This Week
“All About Bitcoin's” Week in Review panel discusses what to make of this past week's significant markets sell-offs, examining the potential impact of China's continued mining crackdown and India's efforts to ban crypto transactions. Plus, reactions to the iconic Staples Center being renamed as the Crypto.com Arena in one of the biggest naming deal in sports history.
Taproot Unlocks Bitcoin Opportunities, Mintable Aims Big
Bit Digital says the entire crypto mining fleet is now out of China. Taproot upgrade unlocks greater bitcoin network utility. Singapore's Mintable aims to become the world's largest NFT marketplace. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
BIT Mining’s Q4 Revenue to Fall Due to Its Mining Pool Exiting China
The crypto mining firm is working to mitigate the revenue lost during its migration out of China.
South Korea a Metaverse Hub, NFTs Go From Digital to Physical
Chinese crypto mining hardware manufacturer Canaan reports Q3 earnings. South Korea emerges as a metaverse hub. NFTs start bridging the digital and physical worlds. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bit Digital Migrates All Its Bitcoin Mining Out of China Amid Ban
The New York-based miner expects to increase its mining power to 2.6 EH/s by mid-2022.
Some Chinese Crypto News Sites Appear to Go Dark as Crackdown Continues
ChainNews, Odaily and Block123 were unavailable on Nov. 17.
China’s NDRC to Consider Punitive Electricity Prices for Crypto Mines
The central government called on provinces to “take responsibility” of their jurisdictions.
Canadian Miner Hut 8 Revenue Surged Over 700% in Q3
Canadian cryptocurrency miner Hut 8's third-quarter revenue was $40 million, rising about 767% from last year and beating the average analyst estimate of $34.8 million. Hut 8 Mining Chief Financial Officer Shane Downey shares insights into the firm's growth and plans. Plus, his take on the impact of Bitcoin's Taproot upgrade and China's crypto crackdown on Hut 8's business operations.
Taproot Goes Live, Hong Kong Crypto Kidnap
Chinese official expelled over crypto mining. Bitcoin's Taproot upgrade goes live. Hong Kong police make arrests after crypto kidnapping. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."