カテゴリー: China

Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs

Crypto Spring Brings Promising Profits for Next-Generation and Older Mining RigsOver the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains and even older mining devices are turning a profit. Also read: Bitcoin Cash Protocol Successfully […]

The post Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs appeared first on Bitcoin News.

Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs

Crypto Spring Brings Promising Profits for Next-Generation and Older Mining RigsOver the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains and even older mining devices are turning a profit. Also read: Bitcoin Cash Protocol Successfully […]

The post Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs appeared first on Bitcoin News.

Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power

Bitcoin Miner Recounts Struggle Involved With Obtaining Cheap Iranian PowerOver the last six months, reports of Chinese miners crossing the border to obtain cheap electricity from regions like Vietnam, Cambodia, Thailand, and Iran have abounded. According to a recent interview, Chinese miners have found extremely affordable electric prices ($0.006 per kilowatt-hour) in the oil-rich nation of Iran. However, managing to get thousands of machines […]

The post Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power appeared first on Bitcoin News.

Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash

Bitmain's New Antminer Specs Show Devices Process Over 50 TerahashOn April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today. Also read: Uyen T Nguyen: The Powerful Young Woman […]

The post Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash appeared first on Bitcoin News.

How 5 Asian Countries Regulate Cryptocurrency

How 5 Asian Countries Regulate CryptocurrencyThe Financial Stability Board has detailed how its member countries regulate crypto assets, who the regulators are, and the scope of their oversight. Most countries have more than one government body monitoring and regulating different aspects of crypto activities. Among the board’s Asian member countries, India is the only one with no legal mandate to […]

The post How 5 Asian Countries Regulate Cryptocurrency appeared first on Bitcoin News.

How 5 Asian Countries Regulate Cryptocurrency

How 5 Asian Countries Regulate CryptocurrencyThe Financial Stability Board has detailed how its member countries regulate crypto assets, who the regulators are, and the scope of their oversight. Most countries have more than one government body monitoring and regulating different aspects of crypto activities. Among the board’s Asian member countries, India is the only one with no legal mandate to […]

The post How 5 Asian Countries Regulate Cryptocurrency appeared first on Bitcoin News.

Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat?

Is the Dollar Era Under Threat?As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better. With increasing competition, will the U.S. dollar continue to […]

The post Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat? appeared first on Bitcoin News.

Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

Manufacturing Giants Bitmain and Canaan Announce Second-Generation MinersOn March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […]

The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.

China Favors Tron and EOS in New Crypto Ranking But Downgrades Bitcoin

China Favors Tron and EOS in New Crypto Ranking But Downgrades BitcoinChina’s Center for Information and Industry Development has released its latest crypto project ranking. Tron and EOS top the list out of the 35 crypto projects evaluated while Bitcoin has been downgraded slightly. The center also evaluated the projects independently based on basic technology, applicability, and creativity. Also read: SEC Chair Explains Key Upgrades Needed […]

The post China Favors Tron and EOS in New Crypto Ranking But Downgrades Bitcoin appeared first on Bitcoin News.

CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike

CNY Inflows Into Crypto Markets Surge After Shanghai Composite SpikeBack in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter. Now, close to two years and three months later, a surge of CNY has been flowing back into the digital currency economy after the Shanghai Composite posting […]

The post CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike appeared first on Bitcoin News.