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Life after Merkel: Germany's ties with China head into the unknown

German chancellor discussed climate change and economy with China’s president but not sanctions against Europeans, Huawei or human rights. ....

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Kommentar zu Chinas Machtpolitik – Niemand wagt zu widersprechen

Kommentar zu Chinas Machtpolitik – Niemand wagt zu widersprechen
zsz.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zsz.ch Daily Mail and Mail on Sunday newspapers.

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Bitcoin has a Xinjiang problem

March 3, 2021
Influentials like Elon Musk and star stock picker Cathy Woods have helped send bitcoin’s price soaring in recent weeks.
But investors weighing the popular cryptocurrency need to consider the ethics surrounding it as well since a significant portion of it is “mined” in China’s Xinjiang, where Beijing is accused of conducting mass human rights abuses.
In cryptocurrency mining, people use enormous power-hungry computers to solve algorithmic puzzles and in return get rewarded with new bitcoin. That makes cheap energy integral to bitcoin. As of April last year, around 65% of bitcoin mining capacity, or hashrate, was based in China due to its cheap electricity. ....

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