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Tag Archives: Mining

Russians seek to break Chinese Bitcoin ‘mining centralization’

Aug 10, 2017

Olusegun Ogundeji

The saying that the Chinese are the leaders when it comes to Bitcoin mining could be a subject of debate henceforth if the proposed plan by a Russian company to start using semiconductor chips designed in Russia for use in satellites to minimize power consumption in computers for crypto mining ...

“One Bitcoin, One House,” Nonsense or Reality?

Apr 28, 2017

Cindy23

“One Bitcoin, one house” has recently become a new expectation among Chinese Bitcoin investors. Zhao Dong, an old Bitcoin holder, said that not everyone has the luck to get rich. "When I first heard of Bitcoin in 2009, I didn’t take it seriously. I thought it was just something lik...

Bitcoin Community, Time to Pull Together

Mar 28, 2017

Cindy23

Note: Cao Xiaogang, an early bitcoin adopter and holder, is now an entrepreneur and co-founder of a crowdfunding platform. He believed: “At this particular point in history, the bitcoin community should pull together to change the world of bitcoin for better instead of insulting and attac...

Bitcoin mining now decentralized in China – Chandler Guo

Dec 5, 2016

Olusegun Ogundeji

Speaking on how Bitcoin mining has been evolving in China, a Chinese angel investor in Bitcoin and Ethereum startups has stated that things have changed in the sector in the last one year following the direct involvement of energy companies in the mining process which has decentralized most of...