Ethereum Hashrate Drops 25% on China Mining Exodus
The Bitcoin network is not the only victim of China’s ongoing mining crackdown as a substantial amount of Ethereum is also mined on the mainland.
The Bitcoin network is not the only victim of China’s ongoing mining crackdown as a substantial amount of Ethereum is also mined on the mainland.
The CEO of Banco Azteca tweeted that he wanted to offer Bitcoin services in Mexico, but a tweet from the country’s regulators basically killed his dream.
The total value of the transaction stands at around $230 million.
Bitcoin (BTC) has been moving upwards since bouncing on June 22. So far, it has managed to reach a local high of $36,623 on June 29.
Despite its parent company’s recent foray into the industry, the subsidiary is calling for caution on investing in assets like bitcoin.
While Americans have soured on crypto, they are now searching for high-risk options trading strategies
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs,…