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China’s Inner Mongolia Region Might Ban Crypto Mining

Mar 3, 2021

For years, China has been a hotspot for cryptocurrency mining. Lage mining operations have been set up in the country’s northern and central parts, looking to utilize the regions’ cheap electricity and good infrastructure. Some reports estimate that more than half of all Bitcoin’s hash power...

China Crypto Roundup (Dec.29-Jan.4): Automaker Withdraws Statement about Purchasing Cars with Bitcoin, Ebang to Launch Crypto Exchange, China’s DCEP Lands in Beijing

Jan 4, 2021

lylian Teng

Just two weeks after passing $20,000, bitcoin hit the $30,000 milestone on the second day of 2021. Witnessing the great bull, traditional companies are eyeing bitcoin, but it turned out to be unrealistic in China under the current regulatory pressure. Automaker to accept bitcoin? On Dec....