Tag: Mining

Why China’s Bitcoin mining activity is surging after a 4-year crackdown

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From dominance to ban: The 2021 crackdown Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world’s Bitcoin computing power in 2020. In 2021, the Chinese government moved to stop mining activity. Authorities cited concerns about financial risks, capital outflows and the high electricity use required for mining. In September 2021, the People’s Bank of China declared all cryptocurrency transactions illegal and confirmed the nationwide ban on mining. The immediate…

The BEST Home Miner for Mining BITCOIN just got BETTER!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🛒Interested in Shopping for the Canaan Avalon Q and need Trusted Resellers to Buy From and Discount Codes to Save!? ➡ ✅The Hobbyist Miner ASIC Miner Real World Testing Spreadsheet ➡ Looking to mine Bitcoin from the comfort of your home? The Canaan Avalon Q series just leveled up! In this video, we dive into why the Canaan Avalon Q is being hailed as the best home bitcoin miner available today—and how it just got even better. Whether you’re chasing passive income,…

13 Years Since Bitcoin’s First Halving: Mining In 2025

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Thirteen years ago today, Bitcoin experienced its first halving event, reducing the miner block reward from the original 50 BTC to 25 BTC. Now, with Bitcoin (BTC) having completed four halving events and block rewards standing at just 3.125 BTC, the mining industry is continuing to transform, with industrial miners consolidating and diversifying into AI. At the same time, a niche trend of solo mining is emerging, according to Bitfinex analysts who spoke to Cointelegraph. “Despite the new spike in more industrial Bitcoin mining, we would like to underscore the…

Tether Pauses Bitcoin Mining In Uruguay Over Rising Costs

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Tether, the issuer of USDT, the world’s largest stablecoin, has halted Bitcoin mining operations in Uruguay due to rising energy costs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson told Cointelegraph on Friday, adding that the company remains committed to its long-term projects in Latin America. The confirmation comes weeks after Tether denied reports that it planned to exit the country following a $4.8 million debt dispute with a state-owned electricity provider in September. According to a Tuesday report by local news agency El Observador,…

Tether to shut down Bitcoin mining operations in Uruguay over high energy costs

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Tether has reportedly confirmed its intention to cease its operations based in Uruguay. According to local media, Tether has informed Uruguay’s Ministry of Labor and Social Security during a meeting held at the headquarters of the National Directorate of Labor. Simultaneously, the USDT issuer has reportedly laid off 30 of its 38-member team, leaving only a skeleton crew behind. Summary Tether informed Uruguay’s Ministry of Labor that it will cease local operations. The company has laid off 30 members of staff. Uruguay’s high power tariffs reportedly made Tether’s bitcoin mining…

Miner des Cryptos avec l’électricité gratuite ?! Soyez prudents ! #crypto #mining #bitcoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io L’une des erreurs que vous pourriez faire en voulant miner des cryptomonnaies. Dans ce court extrait issu de ma vidéo longue sur le mining en 2024, je reviens sur l’une des erreurs qui pourrait vous coûter gros en minant des Cryptos. Je reste à votre disposition en commentaire et j’attends vos retours avec impatience merci pour votre attention ! 📢 Voici de quoi me contacter: Snapchat: PowerHasheur Instagram: Hasheur ✉ Contact pro: Dimitri@hasheur.com LinkedIn: Merci à vous pour le temps que vous…

China Reemerges as Global Bitcoin Mining Power

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China’s bitcoin mining industry is staging an unexpected resurgence four years after a sweeping ban forced mass shutdowns. New data shows China has reclaimed the world’s No. 3 spot as cheap electricity, regional incentives, and shifting policy signals draw miners back. Beijing’s Softening Crypto Stance Fuels Stealth Mining Comeback Bitcoin mining in China is rebounding […] Original

Can This Tiny Miner Mine Bitcoin Solo?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A look at an affordable crypto gadget from JingleMining. The BTC Solo Lite 1.2T Miner lets you solo mine Bitcoin with a chance to hit a full block reward. Great for hobbyists and crypto beginners. Use code “chris” for a discount! Jingle Mining Website: Jingle Mining X: Jingle Mining Facebook: Jingle Mining Instagram: Jingle Mining LinkedIn: Jingle Mining YouTube: Jingle Mining TikTok: Blockchain Bay Website: Looking for a Discount on Crypto Projects, Hardware Wallets, Seed Phrase Wallets and More? Check out the…

China’s Illegal Bitcoin Mining Rebounds to 14% Hashrate

Key Notes The USA leads global hashrate at 37.75% while Russia holds second place at 15.51%, with China trailing as the third-largest mining hub. Bitcoin mining machine maker Canaan generated 30.3% of its 2024 global revenues from China, up from 2.8% in 2022 following the crackdown. Hong Kong’s stablecoin bill took effect in August 2025 while Beijing considers yuan-backed stablecoins for global currency adoption. Bitcoin BTC $86 173 24h volatility: 0.3% Market cap: $1.72 T Vol. 24h: $69.93 B mining is quietly staging a comeback in China four years after…