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cryptocurrencies: Bruised by stock market, Chinese rush into banned bitcoin

Chinese investors are turning to cryptocurrencies as a safe haven amid the countrys economic downturn and crumbling stock and property markets. Despite a ban on cryptocurrency trading and mining, Chinese investors are finding ways to trade through grey-market dealers and crypto exchanges in Hong Kong. Chinese brokers and financial institutions are also exploring crypto-related businesses in Hong Kong to generate growth.
Hong Kong New York United States Michael Wang Charlie Wong Ant Group Alipay

AI, crypto mining may be 'bad news' for data centres, here's why | [Publication Name] |

Discover why AI and crypto mining can have a negative impact on data centres. Learn how the increased electricity usage from AI training and crypto mining may affect the environment. Find out the predictions for future electricity consumption from data centres.
International Energy Agency Google Search Greenhouse Gas Emissions Electricity Consumption Data Centres Crypto Mining

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