Compulsions can be hard to resist
-
China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
The government of China’s Sichuan province moves to stamp out Bitcoin (BTC) mining activity, citing that growing cryptocurrency prices have led to the escalation of illegal activity under the guise of mining. Sichuan — 10% of the global hashrate According to estimates from Cambridge University, Sichuan is responsible for almost 10% of the global hashrate. In fact, this single Chinese province mines more Bitcoins than the entirety of the U.S. or Russia. China: Bitcoin Mining Map. Source: Cambridge University. Apparently, Sichuan was previously trying to attract the miners in order to combat the economic downturn ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- May 23, 2020 3:31am May 23, 2020 3:31am
- trumps
- Joined Mar 2020 | Status: Member | 536 Comments
- Comment #2
- Quote
- May 23, 2020 7:56am May 23, 2020 7:56am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
- Comment #3
- Quote
- May 23, 2020 7:56am May 23, 2020 7:56am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
- View Comment
- Hidden for breach of Trader Code of Conduct
- Not-KPMG
- Comment #5
- Quote
- May 23, 2020 6:06pm May 23, 2020 6:06pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.