China


Finance

BIT Mining’s Subsidiary BTC.com to Exit Mainland China

The announcement comes shortly after Antpool, the largest bitcoin mining pool by hashrate, said it will block internet access from mainland China.

China flag

Finance

DeFi Pushes North America to Become World’s Second-Biggest Crypto Market

China started losing its position in global crypto markets before this year’s crackdown.

Podium at Panathenaic Stadium in Athens, Greece (Florian Schmet/Unsplash)

Policy

China’s Zhejiang Busts GPU Mining Operation in Public Facilities

Bitoin mining has borne the brunt of China’s crackdown so far.

The skyline of Hangzhou, the capital of Zhejiang, a province in eastern China. (Image credit: 戸山 神奈/Unsplash)

Markets

Bitcoin Mining After the China Ban: US Dominance Is Set to Continue

China has “missed the ball” as geopolitical certainty and access to cheap power and infrastructure will enable the U.S. to take more bitcoin mining market share.

(m.elyoussoufi/iStock/Getty Images Plus)

Finance

BSN to Integrate CBDC-Focused Cypherium Blockchain

Cypherium joins Ethereum, Hyperledger Fabric, Tezos and Solana, among others.

Koi fish. Original public domain image from Wikimedia Commons

Finance

US Claims Bitcoin Mining Crown Following China Crackdown

China’s share has effectively dropped to zero, according to the Cambridge Centre for Alternative Finance.

Racks of crypto mining machines.

Finance

Estados Unidos capta el negocio de minería de bitcoin tras la restricción de China

Según el Centro de Finanzas Alternativas de Cambridge, la participación de China se ha reducido a cero.

Máquinas de minería de bitcoin (Shutterstock)

Videos

US Becomes the New Bitcoin Mining King Following China Crackdown

According to the Cambridge Centre for Alternative Finance (CCAF), the U.S. has become the world’s leader in bitcoin mining following China’s renewed crypto industry crackdown, accounting for 35.4% of the global hashrate as of the end of August, more than doubling from 16.8% at the end of April.

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Videos

Stronghold Digital Sets IPO Price at $16-$18 a Share

Stronghold Digital, a bitcoin mining firm that converts coal waste into power for its operations, plans to raise $94 million and $106 million in an IPO. According to a filing with the SEC, it plans to sell about 5.9 million shares at $16-$18 per share for acquisitions of mining rigs and power-generating assets.

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Policy

Police in China’s Zunyi City Bust a $124M Money Laundering Scam

Authorities were on the case for two months, following a directive from the country’s State Council.

Guizhou (Xiaoyang Qu/Unsplash)