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Tag Archives: bitcoin mining

Why Chinese Miners Want to Bet on Moving to US 

Jun 19, 2021

Olusegun Ogundeji

Despite the several disadvantages besetting the expansion of his Bitcoin mining operations to the United States following China’s renewed crackdown on their business, a well-known Chinese bitcoin miner says he is still considering opening Bitcoin farms in Tennessee and Texas. In an int...

China’s New Mining Policy Doesn’t Mean the Death of Bitcoin

May 26, 2021

The entire crypto industry has taken a massive this month when the price of Bitcoin dropped more than 40%. And while industry experts have been debating as to who’s to blame for the market’s biggest drop in a year, many have pointed their fingers at China and the regulatory uncertainty regardi...

China’s Ruling Council Calls for Bitcoin Mining Crackdown, Trading

May 22, 2021

Olusegun Ogundeji

In what it says is a bid to prevent and control financial risks, the top echelon of the Chinese government has indicated their administration’s resolve to, among other things, combat Bitcoin mining and trading behaviour as they issued yet another stern warning against crypto mining in China. ...

SOS Cleared to Mix Crypto Mining With Exchange 

May 12, 2021

Olusegun Ogundeji

The Chinese holding company that once provides marketing data, technology and solutions but later started crypto mining is now about to run its own crypto exchange.  SOS Limited, formerly known as China Rapid Finance Limited, says its US and Canadian subsidiaries have obtained money s...