Chinese Mining Facilities Face Shutdown as Texas Continues to Impress

Chinese Mining Facilities Face Shutdown as Texas Continues to Impress

“All mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces have been shut down. China has long accommodated over half the world’s bitcoin miners, but now, Beijing wants them out ASAP. China Might Wipeout Mining Activities Now only hydropower mining farms in Sichuan are left. Presently the clean energy usage by Bitcoin miners already exceedsRead More”

Source: BTCMANAGER

India to regulate, not ban, crypto: Cabinet documents

“Indian crypto investors will reportedly be given a certain time frame to declare their crypto holdings, and must then hold their assets on crypto exchanges regulated by SEBI. According to reports from local media, the Indian government will not move for an outright ban on crypto and will instead regulate

Academic research claims ETH is a ‘superior’ store of value to Bitcoin

“The report highlights the merits of EIP-1559 as a tool for making ETH a deflationary cryptocurrency and potentially better store of value than Bitcoin. Australian university researchers have questioned Bitcoin’s reputation as the best store of value network in cryptocurrency, with Ethereum on track “to becoming the world’s first deflationary