After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining Roost In mid-July, researchers from the Cambridge Bitcoin…
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China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint. China’s crypto mining operations may be set for stricter supervision in the future, with the Government reportedly concerned about the energy consumption of Bitcoin mining in particular. Beijing sent an “emergency notice” to conduct checks on data…
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Bitcoin’s electricity bill has been attracting the attention of regulators worldwide. Beijing authorities are reportedly conducting inspections of crypto mining data centers to better understand their impact on energy consumption, Reuters reports Thursday. The Beijing Municipal Bureau of Economy and Information Technology on Tuesday sent an emergency notice to the city’s data center operators asking…
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Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay. Distributed storage network project Filecoin is the talk of the town as FIL was the most highly traded token on…
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Courts in China are rolling out blockchain-based electronic seals to protect property from being disturbed or damaged. Several courts in China have implemented blockchain technology as a way to secure properties with an electronic seal. The Executive Bureau of the People’s Court in Haidian District, Beijing, has reportedly deployed a blockchain-based electronic seal to secure…
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