Category: Chinese Bitcoin Miners

Bitcoin Whales Dominate BTC Price Movement and Ownership Even Today

Bitcoin (BTC) journey over the last month has been absolutely phenomenal as the world’s largest cryptocurrency trades close to $18,000. Surging over 60%, BTC has caught the attention of retail investors and institutions alike. While big financial institutions and billionaire investors have joined the Bitcoin mania in recent times, the fact remains BTC whales still […]

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Chinese Bitcoin Miners Fail to Pay Electricity Bills Amid Crackdown on Crypto Exchange

Bitcoin miners in Chian are currently struggling to carry their mining activities as the government crackdown on the exchange of crypto for national fiat CNY intensified. China is a hub for Bitcoin mining because of the cheap and clean electricity availability, however looking at the growing restraints from the government, these miners might have to […]

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