Tag: china

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Peter Thiel On Bitcoin and Threats from China

Peter Thiel – a libertarian and the co-founder of PayPal, arguably the largest digital payment platform in the world – has taken some serious...

Report: Bitcoin Mining May Require More Electricity Than Three Quarters of the World’s Nations

A new report suggests that bitcoin mining operations are likely to exceed the energy requirements of more than 180 countries by the year 2024. Bitcoin...

Bitcoin Is Helping the Digital Yuan Move Forward

As interest in bitcoin has grown over the past few months, so has interest in China’s digital yuan. The Digital Yuan Is Making Headway Bitcoin has been booming...

Bank of America Condemns Bitcoin for Its Alleged Energy Use

There is a long-lasting argument in the world of crypto that bitcoin is somehow negative for our environment. That it utilizes too much electricity,...

Citibank Praises BTC, While China Seeks to Limit Mining Activity

From both ends of the world, bitcoin is the target of much speculation. In the west, it appears to be the subject of positivity,...

China Says Its Running Out of Crypto Mining Equipment

China has always had the upper hand when it comes to bitcoin mining. The country hosts two of the largest distributors and builders of...

Google’s “Anti-BTC” Computer Is Replicated in China

People got kind of freaked out last year when Google, arguably one of the largest and most powerful internet companies in the world, said...

China Bank Wants to Raise $3 Billion with Bitcoin’s Help

China Construction Bank – one of the largest financial institutions in the country – is unveiling its new funding plan that will potentially allow...

Another Crypto Exchange in China Goes Kaput

China is proving itself to be a hard nut to crack when it comes to crypto. The country is on the verge of releasing...

Brendan Blumer Discusses What Makes Block.One So Important

Block.one and EOS are notable platforms for two reasons. The first is that they held a year-long coin offering between the summers of 2017...

The Digital Yuan Has Entered a Whole New Period of Testing

The Chinese digital yuan is now a thing of reality. Following what has been a lengthy period of testing, the People’s Bank of China...

Barry Silbert Looks to Bring Chinese BTC Mining Business Back to the U.S.

Barry Silbert – crypto entrepreneur and the leader of the Digital Currency Group (DCG) – has announced that he is looking to remove some...