Regulation
Chinese central bank shows no sign of softening stance on crypto
People’s Bank of China vows to keep sector under ‘heavy pressure’ as it pushes digital yuan.
Timmy Shen
Lens
Mining
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Bitcoin News
Bitcoin mining difficulty rising again as miners resettle and get back to work
The global Bitcoin hashrate is now on an uptrend as miners pushed out by China resettle on friendlier shores and resume investing big money in mining equipment.
Timmy Shen
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Bitcoin News
Is Bitcoin mining hot again? These crypto insiders think so
Despite China’s crackdowns on Bitcoin mining and growing consternation about crypto mining’s carbon footprint, some miners are betting big on a rosy future.
Timmy Shen
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Regulation
Iran’s electric utility issues warning about Chinese crypto miners
Iranian state electric company Tavanir has warned judicial officials about Chinese cryptocurrency miners coming to Iran, an influx that could worsen the country’s power outage problems, according to local media reports. Fast facts Tavanir CEO Mohammad Hussein Motevallizadeh said in a letter published by local news website Eghtesadnews that the Chinese government’s crackdown on crypto […]
Timmy Shen
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Regulation
Crypto mining rig giant Bitmain divests from AntPool, the world’s biggest mining pool
Bitmain's move comes amid China’s crypto mining crackdowns and AntPool's shrinking hashrate. Is Bitmain gussying up for an IPO?
Kelly Le
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Bitcoin News
Thailand telecoms firm to expand into Bitcoin mining
Jasmine Telecom Systems, a publicly-listed unit of Thai telecoms operator Jasmine International, is set to ride the Bitcoin mining wave, with plans to install tens of thousands of mining machines over the next few years. Fast facts JTS is kicking off plans to deploy 500 mining machines in a data center in the third quarter […]
Timmy Shen
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Bitcoin News
Bitmain joins hands with Kazakhstan mining farm Enegix to host rigs
Chinese cryptocurrency mining rig maker Bitmain has partnered with Enegix, which runs one of the biggest crypto mining data centers in Kazakhstan, to host its Antminer machines in the Central Asian nation. Fast facts Bitmain said in a statement on Friday that it had joined hands with Enegix, a data center operator in Kazakhstan, to […]
Timmy Shen
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Bitcoin News
BIT Mining to exit lottery business for crypto mining expansion
BIT Mining — a New York Stock Exchange-listed company that only months ago became a big investor in Chinese cryptocurrency mining — has decided to exit its Chinese lottery-related business and focus more on mining outside the country. Fast facts BIT Mining, formerly known as 500.com, has operated online sports lottery services, but announced on […]
Timmy Shen
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Bitcoin News
Thai crypto miner found dead after suspected electronics accident
Case could be first fatality associated with mining, although hot-running equipment has history of starting fires.
Timmy Shen
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Bitcoin News
U.S. crypto miner Core Scientific to list via SPAC merger
U.S. cryptocurrency miner Core Scientific Holding is set to list on the Nasdaq exchange through a merger with a special-purpose acquisitions company, boosting the value of the combined business to around US$4.3 billion. Fast facts Core Scientific, one of the biggest crypto mining companies in the U.S., announced yesterday that it had entered into merger […]
Timmy Shen
