While China’s anti-cryptocurrency stance is known to all, Bitcoin mining is a legitimate and legal industry within the country, with provinces such as Sichuan and its cities becoming increasingly popular…
Eight days before the long-awaited Bitcoin Halving event on May 12, Bitcoin (BTC) hash rates hit another record high at more than 140 EX per second on May 3, according…
Glassnode has revealed a rather uplifting new insight. On April 13, the on-chain data showed that the number of bitcoin exchange deposits has hit a new 3-year period low
Binance has been rather busy on product development and venturing into new markets recently – not one day goes by without the mention of a new announcement by the world’s…
Bitcoin Mining
Bitcoin mining has been scrapped from the Chinese government’s list of unwanted industries, reported Decrypt.
A government agency document released last June had bitcoin mining among industries that China wants…