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BUSINESS

Canaan Expects $1 Billion-Plus from AvalonMiner Sales in 2020

8Btc -
The Chinese bitcoin miner manufacturer Canaan is seeing huge demand for its AvalonMiner product lately and expects this to rise in 2020.
BUSINESS

Upstart Poolin Discusses Growth, State of Mining and Bitcoin in China

Colin Harper -
A Bitcoin Magazine Exclusive Interview
BUSINESS

With 4.3 Million Bitcoin Mining Machines, Hash Rate to Hit 120 E by 2020

8Btc -
With 4.3 million bitcoin mining machines running on the network, Whatsminer’s founder predicts the Bitcoin hash rate will reach 120 exahashes by the end of 2019.
BUSINESS

BTC.com’s Bitcoin Mining Pool Dominance Threatened by Poolin

8Btc -
BTC.com’s years-long first place position is threatened by rival bitcoin mining pool Poolin.
BUSINESS

Chinese Regulators Demand Cleanup of Bitcoin Mining in Inner Mongolia

8Btc -
Chinese regulators in Inner Mongolia have issued a notice calling for a stop to bitcoin mining operations in the region.
BUSINESS

China’s Central Bank Digital Currency Undergoes “Restricted Access Test”

8Btc -
China’s central bank digital currency has begun a “restricted access test” to simulate payment scenarios between parties.
BUSINESS

Chinese Authority Pushes Back on Central Bank Digital Currency Report

8Btc -
A source tied to China’s central bank has pushed back against reports about the country’s central bank digital currency.
MARKETS

Hodl Hodl Circumvents Block on Chinese Bitcoin Traders

Jimmy Aki -
The peer-to-peer exchange has addressed an issue with Google’s CAPTCHA service that was blocking Chinese bitcoin traders from accessing its website.
MARKETS

Poll Finds Chinese Crypto Investors Bullish on BTC

8Btc -
Over 30 percent of Chinese cryptocurrency investors think the bitcoin price will surpass $30,000 in the next 12 months, according to a recent survey.
BUSINESS

Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining

Landon Manning -
Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations.
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