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Tag Archives: china regulation

Insiders Cite Mixed Implications of China’s Anti-Crypto Stance 

Sep 30, 2021

Olusegun Ogundeji

China’s recent declaration of all crypto transactions as illegal is going to have several mixed implications for stakeholders, some industry experts have said. In a series of interviews on financial media channel, Bloomberg, the experts touched on what they think will become of the “the most...

China’s Crackdown on Crypto Mining Resurfaces  

Sep 15, 2021

Olusegun Ogundeji

A statement by the cyberspace commission in China’s northern Hebei province has brought the Asian country back into the crypto mining circle after its involvement has been assumed to have ended following the crackdown on miners in May/June. The commission says it wants to crack down on cr...

After China, Bitcoin Miners Earned 35,065 BTC in August

Sep 10, 2021

Olusegun Ogundeji

Bitcoin miners’ earnings peaked at 35,065 BTC in August as exiled miners from China continue their search for new operation bases, according to the latest Luxor hashrate index.  The result shows a rise of up to 23% from July's, 33% from June, and up 15% from May. Hashrate grew by a...