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KAZAKHSTAN HAS BECOME ONE OF THREE BITCOIN MINING LEADERS

And the share of China's mining fell by almost 50%. This is due to the transition of the majority of earners to another state, anticipating the coming onslaught on the industry. Now about 46% of bitcoins in the world ranking are mined in China, although two years ago it was the leader - it mined over 75%. It was stated by the CNBC, which referred to a study conducted by the University of Cambridge. Neighboring Kazakhstan was able to improve its ...

SICHUAN MINERS ARE BANNED FROM MINING CRYPTOCURRENCY

... restrictions from the authorities. However, now it has been decided to stop their activities. Sichuan was one of the key centers for cryptocurrency mining - 26 companies officially operated in the region. But now the local energy bureau, along with the authorities,... ... and Yunnan. The measures were taken after the May speech of the Vice Premier of the State Council of the People's Republic of China Liu He, who said that the processes of mining and trading of cryptocurrency should be tightened. The authorities explained ...

Alibaba stops sales of crypto mining equipment

The Chinese corporation Alibaba has announced that it will ban the sale of cryptocurrency mining equipment on its platform from October 8. The distribution of training materials and software will also be limited. Restrictions will affect all materials and equipment provided for mining bitcoins, ether, lightcoins and other cryptocurrencies. The company's decision is related to the government's policy aimed at banning digital currencies in China. The Chinese authorities believe that cryptocurrencies lead to financial risks in the economy. A week earlier, the Central ...

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