Bitcoin’s Global Hash Power Balance
The global distribution of hash power may shift as various factors come into play during Bitcoin’s continued growth. Flex Yang is the CEO of Babel...
Bitcoin Mining Hash Rate Drops As Blackouts Instituted In China
Local news outlets have tied a recent dip in the bitcoin mining hash rate to government-instituted blackouts in China. Regional blackouts instituted in Northwest China...
Why Bitcoin mining firms based in Inner Mongolia are on the move
Crypto mining firms based in Inner Mongolia have decided to shut shop amid strict regulations. A draft proposal that seeks to “shut down” all crypto mining...
Not enough chips to support production of Bitcoin mining rigs
China-based Bitcoin miners are facing setbacks because of a lack of mining chips, across the world. The region, which is the world leader in the...
What Does The Digital Yuan Mean For Bitcoin?
The Chinese government hasn’t been too kind to cryptocurrencies in the past years. First, initial coin offerings (ICO) were banned in China in September 2017....
China: Suzhou’s DCEP trial sees digital yuan on JD.com, Meituan, and Didi
Today, the 11th of December, marked the first day of China’s latest DCEP trial in Suzhou after results of the lottery were announced earlier in...
How Do Seasonal Fluctuations Really Affect Bitcoin Mining?
There has been much ado made recently over supposed seasonal mining fluctuations on the Bitcoin network. The narrative goes that, as the rainy season in...