Category: Sichuan miners


Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’


Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. Miami’s Mayor Says City Is Open to […]


Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report


According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. Sichuan Ya’an Energy Bureau Tells Bitcoin Miners […]


Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications


Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining ImplicationsEver since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office plans to hold a meeting on June 2, 2021, […]


Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners


Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin MinersRegional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese newsdesk Weixin revealed that bitcoin mining farms located […]

The post Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners appeared first on Bitcoin News.


Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners


Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin MinersTorrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. Not too long ago, news.Bitcoin.com […]

The post Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners appeared first on Bitcoin News.


Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’


This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. The landlocked province in Southwest China, Sichuan is located upstream of the […]

The post Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’ appeared first on Bitcoin News.


By continuing to use the site, you agree to the use of cookies. more

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close