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BUSINESS

Chinese Regulators Demand Cleanup of Bitcoin Mining in Inner Mongolia

8Btc -
Chinese regulators in Inner Mongolia have issued a notice calling for a stop to bitcoin mining operations in the region.
BUSINESS

Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining

Landon Manning -
Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations.
BUSINESS

Bitcoin Miner Demand Is Outstripping Supply in China

8Btc -
As bitcoin’s price outpaces the cost of mining in China, it can be difficult to procure a bitcoin miner.
BUSINESS

As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

8Btc -
The wet season in Sichuan can drop electricity costs, and therefore bitcoin mining costs, dramatically. But according to insiders, there is currently more supply than demand in the mining market.
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