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CHINA ACCOUNTS FOR 65% GLOBAL MINING HASH POWER

22 May 2020 1 minute read 2 comments Blockchain Times

A bitcoin mining map produced by Cambridge University Centre of Alternative Financ Shows that 65% of Global mining is concentrated in China. The statistics are based on the IP addresses of the hashers connecting to the bitcoin mining pools BTC.com ,...

Miners started disabling equipment due to the drought in China

21 May 2020 1 minute read 0 comments Kluma

The rainy season in Sichuan province did not come in may, which caused a shortage of hydroelectric power in the region. Part of the mining farms in the Chinese province of Sichuan has turned off equipment due to lack of electricity, writes 8btc refer...

Chinese Communist Party Publishes a Guide On Blockchain Technology

20 May 2020 1 minute read 0 comments author_nan

Chinese media outlets reported on May 10 that the Chinese Community Party has published a book about emerging technologies, including blockchain technology. Authored by The Central Party School, the book is intended to educate the public and official...

Chinese and India Soldiers Clash at Border

12 May 2020 1 minute read 1 comment AverageVancouverite

Dozens of Chinese and Indian soldiers exchanged physical blows and threw rocks during a clash on the shared border according to media outlets in the 2 nations. An army official from India states that 7 Chinese soldiers and 4 Indian soldiers were slig...

6 Core Technical Advantages of IRITA

8 May 2020 2 minute read 0 comments Cosmos Network Family and Friends

What is IRITA? Inter-Realm Industry Trust Alliance(IRITA) is the 1st enterprise-level permissioned blockchain product in Cosmos ecosystem Powered by Tendermint and IRIS SDK. It has 6 core technical advantages such as privacy-protecting data sharing w...

China's new blockchain project relies on familiar faces

7 May 2020 2 minute read 0 comments TheCryptokeeper

China is preaparing to launch its national blockchain platform, part of the country’s grand strategy to lead the digital transformation of the world economy. I set out to put together a truly comprehensive tour of the country and help myself to learn...

ChinaChain - how the Chinese blockchain works (Full Analysis)

6 May 2020 4 minute read 0 comments Pot Project

The Chinese consortium BSN (Blockchain Service Network), intends to cover China with a common infrastructure on which to offer low-cost Blockchain-as-a-Service solutions to the entire economy. Briefly, blockchain technologies (more properly DLT, dist...

Bitcoin Halving and the Looming Chinese Digital Currency

4 May 2020 1 minute read 2 comments cryptoramble

The Bitcoin halving is coming around. What does it mean? Or what could it mean? And here's a reminder about a looming threat happening with China. It may seem distant but it can affect the rest of us in the long term. https://bitcoinblockhalf.com ht...

China rejects independent international investigation into the origin of coronavirus. This raises suspicions

26 Apr 2020 2 minute read 1 comment gainer

The Chinese have a hard time accepting that the world, or at least part of it, is giving them responsibility for the fact that COVID-19 has emerged right next to them and from there has spread uncontrollably across borders. This undermines the curren...

New Crypto Ponzi From China Siphons $11M in Bitcoin

24 Apr 2020 1 minute read 2 comments author_nan

On April 22, media outlets began reporting that a Chinese Ponzi scheme, Antimatter Kingdom (AK), which had launched in April and attracted investors by saying it was a “super mining application group”, had stolen $12 million worth of Bitcoin (BTC). T...