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Tag: China

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China Ignores Mining Ban, Accounts for 14% of Global Hashrate: Fuels Bitcoin Hyper
Quick Facts:

China has quietly regained roughly 14% of global Bitcoin hashrate, reflecting sustained institutional commitment despite the ongoing mining ban.
Industrial-scale mining driven by low-cost power and unused data centers strengthens Bitcoin’s position as a resilient macro asset rather… Read full article
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China Cryptocurrency: Understanding Its Impact on the Global Digital Economy
China cryptocurrency developments have played a major role in shaping global crypto policies, mining trends, and blockchain innovation…Continue reading on Medium » Read full article
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Bitcoin Mining Makes a Comeback in China, Commands 14% of Hash Rate
Bitcoin mining has made a major comeback in mainland China, according to a report by the South China Morning Post. The Chinese return to the mining stage has occurred roughly 4 years after the blanket ban imposed by the CCP… Read full article
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China’s Digital Yuan: How China is Weaponizing Finance to Challenge the US
China’s digital yuan, or e-CNY, is a central bank digital currency (CBDC) pegged 1:1 to the physical renminbi. Issued by the People’s Bank…Continue reading on Medium » Read full article
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China Reemerges as Global Bitcoin Mining Power
China’s bitcoin mining industry is staging an unexpected resurgence four years after a sweeping ban forced mass shutdowns. New data shows China has reclaimed the world’s No. 3 spot as cheap electricity, regional incentives, and shifting policy signals draw miners… Read full article
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China’s Bitcoin Hashrate Jumps To 14%, Securing 3rd Place Globally
China has quietly worked its way back into the top three global Bitcoin miners, holding about 14% of the network’s total computing power.

Reports have disclosed that this share is roughly equal to 145 EH/s (exahashes per second), putting the… Read full article
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