06 Jan '18, 12am

Bitcoin Miners Migrate From China To Canada As PBOC Begins Crackdown

Bitcoin Miners Migrate From China To Canada As PBOC Begins Crackdown

Bitcoin rangin the year Peter Thiel-inspired ramp following reports that the People’s Bank of China is preparing to crack down on bitcoin miners. In fact, Reuters reported that the PBOC had held a meeting about regulating bitcoin mining power use, an increasingly sensitive topic now that global bitcoin energy consumption is greater than what Qatar uses in a year. Unfortunately for bitcoiners across the world, the PBOC has called for establishing limits on the energy used by miners, sending the bitcoin price lower. Before news of the crackdown broke, we reported late last month that Winnipeg City, Manitoba, could become a hub for crypto miners because of its exceedingly low power costs. Indeed, Winnipeg City has been rated the city with the lowest power costs in North America cryptocurrencies broadens to bitcoin miners, some of the industry’s biggest players are shifting op...

Full article: https://www.zerohedge.com/news/2018-01-05/bitcoin-miners-...

Tweets

Bitcoin miners are reportedly fleeing China because it is cracking down on cryptocurrencies

Bitcoin miners are reportedly fleeing China bec...

businessinsider.de 05 Jan '18, 7pm

Two of China's largest bitcoin mining operations are looking to set up shop elsewhere as the country expands its clampdown...

Bitcoin Miners Could Face Power Restrictions in China

Bitcoin Miners Could Face Power Restrictions in...

cointelegraph.com 05 Jan '18, 3pm

China has long been a bastion of cryptocurrency mining supremacy due to a surplus of power in the country. Some of the wor...

China's Crackdown on Crypto-Mining Threatens Bi...

gizmodo.com 05 Jan '18, 10pm

Chinese authorities outlined proposals this week to discourage bitcoin mining — the computing process that makes transacti...

BTCCのボビーは「人民銀が中国内の暗号通貨取引所を復活させるのは時間の問題だ」とし、楽観的な見通しを示した。

BTCCのボビーは「人民銀が中国内の暗号通貨取引所を復活させるのは時間の問題だ」とし、楽観的な...

news.bitcoin.com 04 Jan '18, 10pm

Last year during the first month of 2017 China’s central bank initiated its first crackdowns against domestic bitcoin exch...

Meanwhile in Canada... we look like this:

runningmagazine.ca 05 Jan '18, 8pm

Unless you’ve been living under an ice-crusted boulder, you’re well aware that the favourite topic of discussion in Canada...

Canada could become the world's bitcoin mining capital as China cracks down

Canada could become the world's bitcoin mining ...

businessinsider.de 14 Jan '18, 8am

A chain of block erupters used for Bitcoin mining is pictured at the Plug and Play Tech Center in Sunnyvale, California Oc...

Big Chinese Bitcoin Miners Are Turning to Canada

Big Chinese Bitcoin Miners Are Turning to Canada

news.bitcoin.com 12 Jan '18, 8pm

Mining 28 mins ago | By Avi Mizrahi - | 3206 | 1 Big Chinese Bitcoin Miners Are Turning to Canada The bitcoin mining indus...

Chinese bitcoin miners consider setting up in e...

rt.com 12 Jan '18, 2pm

Read more China on the verge of bursting bitcoin bubble Bitmain Technologies, the operator of some of the largest mining f...

China Introduces New Rules for Bitcoin Mining Operations

China Introduces New Rules for Bitcoin Mining O...

themerkle.com 07 Jan '18, 10pm

It is evident this sector is a problem for the Chinese government, although most cryptocurrency enthusiasts were well awar...

Countdown begins: Register now for Luxury First...

luxurydaily.com 08 Jan '18, 8am

{"ct":"F3N+u6tb+KFgJFttgsKj1RVw6nVsTmoqDPAUIaeQWaPcRFPG2DSTD\/7xHLhiunsFTD35jTM\/Ldfm2jrlAfMQVrx7QOndGF1YtnhO4riaU1qS1NHYb...

Visa locks down Bitcoin payment cards in crackdown on card issuer

Visa locks down Bitcoin payment cards in crackd...

telegraph.co.uk 05 Jan '18, 2pm

T housands of Bitcoin users have had their pre-paid cryptocurrency cards shut down in a crackdown by Visa on a card provid...

China is about to kill most of the world's bitc...

news.vice.com 08 Jan '18, 2pm

The Chinese government will end bitcoin mining operations in the coming months, Bloomberg reported over the weekend, a mov...