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Another 40M Yuan in Digital Yuan Red Packets to be Distributed in Beijing and Suzhou

Feb 9, 2021

With the Lunar New Year right around the corner, China has amped up its efforts to test out its upcoming digital yuan. And while extensive pilot projects have already taken place in some of the country’s biggest financial hubs, local governments seem eager to incentivize even more real-world ...

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An ‘Uninspiring’ Day of A Crypto Futures Master

Mar 5, 2020

To those who bet big with crypto contracts of getting rich overnight. A user going by the name of “bitsanren” on Chainnode (formerly 8btc forum, the earliest and largest crypto community in China) has shared his one-day heart-stirring contracts trading experience. At 10 a.m., I woke ...

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Patience, Perseverance, and My 2 BTC

Mar 3, 2020

For most of us, it is considerably easier to come up with smaller investment amounts on a regular basis than it is to make a large, lump-sum input. While when it comes to the burgeoning cryptoasset investment, people seem to try to avoid such a regular purchase scheme but bet big with the fantasy ...

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Beware of These Chinese Crypto Scams and Possible Exit Scams

Aug 9, 2019

Crypto scams have been rampant since bitcoin-like cryptocurrency surges in price these years. As cryptocurrencies gain popularity and its underpinning technology blockchain grows, crooks are taking advantage of the nascent and trendy concepts to scam innocents. According to a previous report b...

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Check the High-performance Bitcoin Mining Rigs here

Sep 3, 2018

China, an undisputed world leader in Bitcoin mining, is home to the three largest crypto mining rig manufacturers - Bitmain (Antminer), Canaan (Avalon) and Ebang (Ebit), all having seek to go public in Hong Kong this year. Many competent newcomers like Innosilicon, Whatsminer (Shen...

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Chinese Crypto Miners: Story of Exodus

Aug 29, 2018

China, a good fit for cryptocurrency mining with cheap electricity and land available in remote areas, is now doing its best to drive cryptocurrency out of its territory after escalated government crackdown on cryptos and mining since last September. It is no longer the best place to mine. I...