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Huobi outlines plan for Chinese investors after halting crypto trading
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021.
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…
Ohio to host BIT Mining’s new 85 MW Bitcoin mining facility
BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio.
Bitcoin mining difficulty surges 31% since July
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs.
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…
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period.
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…
Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital
The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions.
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…