Articles of Mine

China wins two-thirds of Bitcoin's computing power share, with 54% of its computing power in Sichuan

Source: Shallot Blockchain According to a report from digital asset management company CoinShares, Chinese bitcoin miners now control two-thirds of global computing power. The main points of the report are as follows: 1. Bitcoin miners in China control 66% of the computing power, and Sichuan alone accounts for 54%; 2. The growth of China's share […]

Wuzhen·Jia Nanzhi Zhi Kong Jianping: China has never had a “bitcoin illegal” policy, and the global blockchain development trend is compliance, innovation, and landing.

On November 8th, the “2019 World Blockchain Conference·Wuzhen” hosted by Babbitt was officially opened. The conference gathered more than 100 global blockchains, digital assets, AI, 5G experts and scholars, and technical geeks. Opinion leaders and founders of popular projects, with the theme of “application unbounded”, explored the application of blockchain, technology frontiers, industry trends and […]

Sichuan floods, millions of bitcoin mining machines washed away by water

Since 20:00 on August 18, Sichuan Province has experienced a heavy rainfall process. In Chengdu, Ya'an, Aba and other places, heavy rains and heavy rains have occurred, and disasters have occurred. On August 20, Wenchuan County was hit by heavy rainfall, and there were natural disasters such as mudslides and landslides in the county. From […]

The mining circle group went to the US to go public, and the mining machinery company came after the mine.

Chain Finance has learned that Maoqi Technology is currently planning to list overseas and the target listing is Nasdaq. Recently, mining companies that failed to list in Hong Kong stocks went to the United States one after another and actively communicated with the SEC of the US Securities and Exchange Commission to seek opportunities for […]

Babbitt Depth | Secret Bits of the mainland powers plummet, 2 to 5 fold clearance S9 push 17 series

According to Coindesk's report. Bitcoin's monthly calculations show that as of May 7, Bitco's SHA265 algorithm (mainly used to dig BTC, BCH) has reduced its computing power to 237.29 PH / s, compared to the calculation power in early April. , a sudden drop of 88%, the reduction of 1800 PH / s calculation power […]

The flood season is not a lifeline for mines and miners | Interview with Yu Wei

At the “New Era Mining Summit” in Chengdu, we had the opportunity to interview Yu Wei, the first person in the Chinese mine and the head of the former Bit Continental Mine. The conversation with Yu Wei made me full. On the one hand, he is an old man who has crossed the bull and […]