Anhui, a province in eastern China, has become the latest in the country to crack down on cryptocurrency mining.
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China Deals Another Blow to Its Crypto Miners
China dealt another blow to its beleaguered cryptocurrency industry, with Anhui province becoming the latest to pledge to crack down on the practice of using power-hungry machines to mint Bitcoin and …
China’s crackdown on crypto continues as more mining projects shut down
The crypto industry in China was further hit today as Anhui province said it would close all crypto mining operations due to energy concerns.
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Standard Power is set to mine Bitcoin in a nuclear power plant in Ohio. The carbon-free mining operation will be set up in an abandoned paper mill, likely to ward off environmental concerns of …
China shuts down crypto mining in Anhui province
Related: Chinese hydropower plants on sale as crypto miners move abroad The Anhui province of China is known for once being one of China’s poorest provinces, having only been removed from the …
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China Crypto Miners Squeezed Further as Anhui Halts Projects
China dealt another blow to its beleaguered cryptocurrency industry, with Anhui province becoming the latest to pledge to crack down on the practice of using power-hungry machines to mint Bitcoin and …
Bit Mining raises $50M to take operations out of China
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an expansion out of …
The great mining migration is happening in China. Here’s what we know so far.
China called for a severe crackdown on bitcoin mining and trading, which eventually led to “the great mining migration.” …
Suning Chairman Resigns After Bailout, Underscoring Volatility Among China’s Richest
Then Suning Appliance Chairman Zhang Jindong made the cover of the 2006 China Rich List issue of Forbes Asia, successful debuting at No. 19 with a fortune worth $838 million. In an interview, he …
