Posts Tagged China


Canada could become the world’s bitcoin mining capital as China cracks down – Business Insider

Business Insider Canada could become the world's bitcoin mining capital as China cracks downBusiness InsiderLONDON — Canada is luring bitcoin mining companies to its shores as China, the current global hub of crypto mining, looks to crackdown on the sector's energy usage. Several industry sources Business Insider spoke to this week said that bitcoin miners […]

Read More...

Bitcoin Can Drop 50% and China Miners Will Still Make Money – Bloomberg

Bloomberg Bitcoin Can Drop 50% and China Miners Will Still Make MoneyBloombergElectricity demand for bitcoin mining rose to about 20.5 terawatt-hours a year by the end of 2017, according to BNEF. That equates to more than half the 38 terawatt-hours of electricity used annually by the world's biggest miner, BHP Billiton Ltd …Not All Doom […]

Read More...

Global Payments offers Samsung Pay support in China

Global Payments Inc. (GPN), a leading worldwide provider of payment technology services, is pleased to offer merchants in China the ability to accept … Bitcoin News Feeds Today

Read More...

China Shuts down Day’s Stock Trading after Markets Crash; Bitcoin Not Impacted, Yet

Chinese shares experienced their worst ever start to a year after Chinese stock markets plunged 7% in their opening session of 2016 on Monday. It began with an initial halt of CSI-300 Futures (Chinese Securities Index) for 15-minutes at a 5 percent level, a move that failed to stop the retreat. When the market re-opened […]

Read More...

China Devalues the Yuan, Jolts Global Markets

China devalued the yuan today in a move that caught global markets by surprise. Policy makers have increased efforts to support exporters and, going forward, hope to increase the role of market pricing in Asia’s largest economy. The Peoples’ Bank of China cut its 1-day rate by 1.9% and, thereby, triggered yuan/dollar devaluation – the […]

Read More...

Secure Messaging App Wiper Adds Bitcoin Support, Gets Yanked In China – TechCrunch

ForexMinute.com Secure Messaging App Wiper Adds Bitcoin Support, Gets Yanked In ChinaTechCrunchWiper, a chat application designed to provide users with control over their sent and received messages, recently rolled out support for bitcoin transactions between its users. The tool is simple, allowing individuals to send cryptocurrency to others …Wiper, the Secure Messaging App, Banned from […]

Read More...

Life Inside of a Multi-Million Dollar Bitcoin Mine in China

bitcoin mine Imagine if you lived life as a one of the four Bitcoin enthusiasts and miners in Northern China. Your government isn't a big fan of an … Bitcoin News Feeds Today

Read More...