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Tag Archives: bitcoin mining

Coronavirus Suspends Crypto Mining Machines Sales in China

Feb 14, 2020

Vincent He

"After waiting for a long time for bitcoin halving, my store couldn't open. Colleagues all went to WeChat moments to sell breathing masks and disinfectants for the ordinary expense." In eyes of Miss Hu, a mining equipment vendor in Huaqiang North – China’s No.1 electronics street and wo...

Bitcoin Hashrate Might Decline Impacted by Coronavirus Controls

Feb 6, 2020

lylian Teng

The coronavirus controls and possibly extended outbreak are taking a toll on bitcoin mining farms in China where an estimated 65% of global bitcoin hashrate is located. Jiang Zhuo’er, founder of mining pool BTC.Top, posted a weibo (Tweet equivalent in China) on February 4, complaining...

Chinese Bitcoin Miners in Iran: To Leave or To Hang on

Jan 16, 2020

lylian Teng

As the U.S. and Iran step back from the brink of war, it comes as a temporary relief to bitcoin miners in the oil-rich country. The Middle Eastern country had previously attracted Chinese bitcoin miners heading there for its extremely affordable electric prices at $0.006 per kilowatt-hour...

Hashing Ahead: A Look at Bitcoin Mining in 2020

Jan 2, 2020

Bitcoin Magazine

The December 2019 report on the Bitcoin mining network from CoinShares Research, a division of the digital asset management firm, presented an industry in good health at the end of the year, with a hash rate that had almost doubled in the previous six months, a new generation of more powerful...