Another Ethereum mining pool forced to close due to China crackdown
Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture.
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Alibaba to ban crypto miner sales amid Chinese crackdown
Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties.
Northern Data to obtain 33K ASIC miners through Bitfield acquisition
Northern Data believes the acquisition will position it as a leading mining firm globally.
14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy
The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that…
Chinese Crack Down on Crypto Intensifies: Over 10,000 Mining Rigs Confiscated in Inner Mongolia
The National Development and Reform Commission of the People’s Republic of China has seized 10,100 cryptocurrency mining rigs from a government-operated tech park in Inner Mongolia. The operation marked the…
Northern Data AG Acquires Bitcoin Miner Bitfield — 33,000 Miners Gained in Stock-for-Stock Deal
On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern…
Ethereum’s Second-Largest Mining Pool to Shut Down on Sept 30 Amid China Regulatory Pressure
The second-largest ETH mining pool – Sparkpool – has announced that it has halted access to new users in Mainland China. Furthermore, the organization plans to abandon all of its…
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.
Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway…
Chinese regulators unite forces to crack down on crypto
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto.
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