Auto Added by WPeMatico

Trading and Mining Crackdown in China Escalates: Bitcoin Plunges $3K

The People’s Bank of China (PBoC) published a document reminding that digital assets are banned within the country and added that operating with exchanges will also be prohibited. As a…

Continue ReadingTrading and Mining Crackdown in China Escalates: Bitcoin Plunges $3K

Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear

Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along…

Continue ReadingBitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear

Business as Usual But Bitcoin Price is Immune: Another Chinese Province Bans BTC

Another Chinese province has decided to follow the example and halt cryptocurrency mining and trading. While this continues to be the ongoing trend coming from China this year, the price…

Continue ReadingBusiness as Usual But Bitcoin Price is Immune: Another Chinese Province Bans BTC

Blockstream Partners With Financial Firm Macquarie to Develop Zero-Emission Bitcoin Mining Facilities

Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come…

Continue ReadingBlockstream Partners With Financial Firm Macquarie to Develop Zero-Emission Bitcoin Mining Facilities