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Squeeze on Bitcoin: China Province Sets Up Hotline to Tattle on Crypto Miners

Squeeze on Bitcoin: China Province Sets Up Hotline to Tattle on Crypto Miners [u] May 21, 2021 @ 11:04 am By JD Alois Multiple reports are indicating that China continues to put the squeeze on cryptocurrency. Long ago, China officially halted crypto trading but the country has long been home to many crypto miners. In fact, according to the Cambridge Centre of Alternative Finance (CCAF) Bitcoin Mining Map, China controls a whopping 65% of Bitcoin mining as of April. Earlier this year, China acc...
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The Bitcoin Energy Debate: Lessons from the Data Center Industry

The Bitcoin Energy Debate: Lessons from the Data Center Industry Some of the more than 4,000 cryptocurrency ASIC miners in Riot Blockchain mining facility. (Image: PRNewsfoto/Riot Blockchain, Inc.) Thereโ€™s a vigorous debate underway about the environmental impact of Bitcoin, featuring strong opinions from both critics and defenders of cryptocurrency mining. Weโ€™ve seen this debate before, and we know how it probably ends. The data center industry faced similar critiques in 2010-11, when its...
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