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Tag Archives: bitcoin mining

Chinese Bitcoin Miners Fear Another Price Dump

Jan 14, 2021

Vincent He

From the second half of the year 2020, things start going like three years ago. After breaking through $10000, the price of bitcoin once skyrocketing to $40000. Long Qin, a bitcoin miner in China, has been persisting in hoarding bitcoins, and the three bitcoins he mined in five years ago hav...

Roundup of China’s Bitcoin Mining Industry in 2020

Dec 29, 2020

lylian Teng

China, home to more than half of the world’s bitcoin mining capacity, plays an important role in the bitcoin mining ecosystem. With bitcoin showing wild price swings, 2020 has been a rollercoaster for the industry where the world’s largest cryptocurrency is minted in the country. In the firs...

Top 10 Important Events in Bitcoin Miners’ Eye in 2020

Dec 24, 2020

lylian Teng

China controls the supply for dominant cryptocurrencies through mining operations. At the end of the year, we’ve tried to round up some of the most important events that have had big impacts on bitcoin miners. March 12’s bitcoin crash On March 12, bitcoin suddenly plunged to below $4,00...

Bitcoin Miners are Sold out in China Amid BTC Price Skyrocketing

Nov 26, 2020

Vincent He

On the night of November 24, bitcoin hit $19424, just $451 away from its record high. As an essential part of bitcoin ecology, have bitcoin miners make a fortune? We collected some interesting data and interviewed some core mining practitioners in China to talk about the profitability of bit...