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Are Blockchain Projects Destroying ‘Communities’?

Since its release, Bitcoin's market value has grown to more than $100 billion. The Bitcoin community has taken on the responsibility of promoting the rapid development of the industry, and this operation relies entirely on consensus within the group. Under the operation of the community, the market value of Bitcoin has soared. According to Ronnie Moas, founder

By | July 13th, 2018|Categories: Cryptocurrencies|Tags: , , , , , |Comments Off on Are Blockchain Projects Destroying ‘Communities’?

Observers Split Over Floods Impact on Chinese Mining

Extreme weather conditions have claimed a new victim during floods — cryptocurrency miners. A combination of floods in Sichuan and heatwaves in Europe last week briefly dented the global “hashrate”, which measures crypto mining capacity — and offered a glimpse of what might happen if China succeeds in wiping out its bitcoin mining industry. The storms,

By | July 13th, 2018|Categories: News|Tags: , , , , |Comments Off on Observers Split Over Floods Impact on Chinese Mining

Arrest of Secret Crypto Miner in China Following Theft

A man in China has been arrested by the government for the alleged theft of power, in order to fund a secret cryptocurrency mine. Xinhua news company stated that the Anhui Province electricity company reported a spike in the use of electricity and this eventually led to the confiscation of over 200 computers used for

By | July 13th, 2018|Categories: China|Tags: , , , , , |Comments Off on Arrest of Secret Crypto Miner in China Following Theft

Why China needs blockchain (but doesn’t need Bitcoin): Five predictions on the future of cryptocurrencies in China

Ever since the news got out that the Chinese government is blocking new ICOs, news sites and fora have been buzzing with speculations about the future of cryptocurrencies in China. Reactions vary from plain denial, clear misreading of the situation and doom-scenario forecasts for the global crypto market. Chinese coins took a strong hit (NEO went down 50% since the

By | September 5th, 2017|Categories: Blockchain, China, Cryptocurrencies, Featured, Insights|Tags: , , , , , |Comments Off on Why China needs blockchain (but doesn’t need Bitcoin): Five predictions on the future of cryptocurrencies in China