China Archive

Chinese Miners Pivot to Alternative Currencies to Keep Operating

The Chinese mining crackdown forced many miners to stop their operations and relocate. But

China Offers Medics Digital Yuan Insurance Policy for Covid-19

China’s first insurance policy using the digital yuan for settlement has been issued in

Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US

Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a

University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%

After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that

China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports

Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province

Shanghai Law Enforcement Officials, Scholars Talk Cryptocurrency

Representatives of law enforcement agencies and academia in Shanghai held a seminar devoted to

China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

China, which has arguably the most advanced digital currency project among leading nations, has

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan

In mid-May, a report stemming from residents in Shenzhen, China explained that the digital

China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

The People’s Bank of China (PBOC), the country’s central bank, has shut down a

Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

While the U.S. ramps up discussions of a digital dollar and China’s central bank

As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges

While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network,

Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating

Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the

Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’

According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with

Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares

Beijing subway has officially launched a new program that allows passengers to pay for

Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners

Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they

Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining

Small hydropower plants have been put up for sale in China as demand for

Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

While there’s been a lot of concentration on bitcoin mining crackdowns in China and

Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model

The head of global equity strategy at Jefferies, an investment bank and asset management

Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%

Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The

Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives 

The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents

Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices

While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs

Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’

Most of the crypto community has been focused on the developments in China and

As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return

While on the surface it seems officials from five provinces in China have been

PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately

China’s central bank has sent notice to the country’s financial institutions instructing them to

Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and

Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery

Over the last few weeks, there have been many reports about crackdowns in China

Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations