Sichuan


Markets

Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan

BIT Mining expects to deliver another two batches of machines by the start of July.

Mining facility

Videos

Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown

In China's Sichuan province, the world's largest hydro-powered bitcoin mining area, Ya'an is set to shut down mining operations. "The Hash" panel discusses China's continued crackdowns on bitcoin mining operations and what this latest development means for the bitcoin community.

Recent Videos

Videos

Crypto Clampdown Hits Sichuan; DTravel Launches Airbnb Rival

China crypto mining clampdown hits Sichuan as miners seek safe-havens. Shanghai promotes digital yuan with a red envelope lottery. DTravel launches decentralized rival to Airbnb. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

CoinDesk placeholder image

Policy

City in China's Sichuan Province Orders Crypto Miners to Shut Down for Inspection: Reports

The news follows forced closures of mining operations elsewhere in China.

The Ziping Pu dam in China's Sichuan province.

Videos

Governments Meet Crypto Industry; Hope for Bitcoin Miners in Sichuan

Governments throughout Asia are meeting with the crypto industry to discuss how to regulate the booming industry. Chinese local media reports the authorities in Sichuan may take a more lenient approach to bitcoin mining despite Beijing’s mining clampdown. Also, BC Group’s OSL announces tie-up with SC Ventures. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Policy

Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report

Some mines in Sichuan are operating as usual despite the recent crackdown, Global Times reported.

The Sichuan region of China is rich in cheap hydro power.

Markets

Sichuan Should Work to Remain Attractive to Crypto Mining: Policy Advisor

A former regulator in China has argued that Sichuan – a bitcoin mining hub – should study how to remain attractive to crypto-related business.

Balaci’s testimony indicates that BitClub never ran the lucrative bitcoin mining pools it lured victim investors with. (Shutterstock)

Markets

Chinese Power Provider Denies Bitcoin Mining Ban

A state-owned electric utility in China is rebuffing rumors that bitcoin mining has been deemed illegal by the government.

Gold dragon, China

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