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Official Calls Iran a ‘Heaven for Miners’

Despite a looming crackdown from regulators, cheap energy in Iran has made it ideal for bitcoin mining.

The Ryuk Virus Is Spreading Through China, Asking 11 BTC Ransoms

Ryuk encrypts data on an infected device and demands hefty bitcoin ransoms, as high as 11 BTC.

Bitcoin Mining May Come Back to Iran — If Officials Can Agree

The government in Iran is reportedly moving to authorize bitcoin mining but seems divided on the topic.

13 Arrested for Stealing $3 Million of Electricity to Mine BTC in China

The power authority of Zhenjiang noticed an unusual spike in electricity consumption and abnormal line loss in some factories, and reported them to the local police.

Chinese Bitcoin Miners Want to Set Up Shop in Iran

Chinese bitcoin miners have made requests through official channels to Iranian government, asking if they can leverage the country’s cheap power.

Asian Markets’ Appetite for Crypto on the Rise, Pushing Bitcoin Premium Surge

Amid the bullish trend in the bitcoin market, bitcoin’s popularity seems to be on the rise particularly in Asian markets.

Crypto Lender Sees High Demand for Stablecoin Loans in Chinese Market

BabelFinance CEO says crypto winter and solid partnerships are helping his crypto-finance company succeed in the difficult Chinese market.

Study: 74 Percent of Bitcoin Mining Powered With Renewable Energy

According to CoinShares’ latest biannual mining report, the vast majority of bitcoin mining power comes from renewable energy sources.

Exploring Illegal Mining Camps in Western China

Although China has shut down bitcoin trading platforms, its attitude toward bitcoin mining is still ambiguous. Now, 70 percent of the world’s bitcoins are produced in China, especially along the Dadu River, where there is plenty of hydropower.

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

Chinese companies have jumped on the bandwagon of bitcoin mining, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations.
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