Shanghai Zhaoxin Semiconductor Co., Ltd. ("Zhaoxin")

Chinese Authorities Seize 600+ Computers Used for Bitcoin Mining

John 30/04/2018 0

Police in Tianjin – a city in Northern China – seized some 600 computers used for bitcoin mining. The authorities’ attention was attracted by the abnormal surge of electricity usage by the local power...

10 Takeaways: A Cryptocurrency Summary from G20

John 03/04/2018 0

Last week, the G20, the group of the world’s 20 largest economies, took place in Buenos Aires, Argentina. The regulation of cryptocurrency was among the main topics debated by the multilateral group. ...

CHINA’S BITCOIN MINERS MOVING TO AVOID CLAMPDOWN

John 03/04/2018 0

China’s crackdown on cryptocurrencies has widened to miners, according to a Bloomberg report. Officials plan to limit the power consumption to the industry and have asked local governments to guide mi...

China's unwanted bitcoin miners may move to Canada

John 03/04/2018 0

Once the global hub for all things bitcoin, China is now doing its best to drive the cryptocurrency out of its territory. After cracking down last year on exchanges where digital currencies are traded...

The End of Bitcoin Mining in China? – Interview with RootAnt CEO Lincoln Yin

John 22/01/2018 0

Bitcoin mining in China – is this a big business in big trouble? The Chinese government had been making as if to ban the practice for a while, filling the headlines with will they won’t they speculati...

China's Shutdown Of Bitcoin Miners Isn't Just About Electricity

John 15/01/2018 0

China’s government is planning to shut down Bitcoin miners in its latest crackdown on the cryptocurrency. The Leading Group of Internet Financial Risks Remediation has requested that local governments...