Tag: China

Second Hand Mining GPUs China

China Sees Surge of Second Hand Mining Equipment for Sale

Maybe it was the government’s actions that spooked them. Perhaps the rigs were not able to mine as efficiently anymore. Whatever the reason, we are seeing an influx of mining equipment hitting the second hand shelves in China. This is...

/ October 19, 2017
What is NEO

What is NEO (Antshares)?

You may have heard quite a bit about “China’s Ethereuem” and how an interesting new token was being used in Chinese ICOs. You may also have been interested in the extreme volatility that NEO has exhibited recently. Yet, what is...

/ October 17, 2017
Responsible ICO Regulations

Why Responsible ICO Regulations Are Welcome

There has been a great deal of unease surrounding Initial Coin Offerings (ICOs) in recent weeks and much of it is amply justified. When China moved to ban them outright back in early September many saw the move as typically...

/ October 17, 2017
Bitcoin Not Tulips

Bitcoin vs. Tulips? Why Bubble Analogies Are Disingenuous

JP Morgan boss Jamie Dimon had a lot of things to say about Bitcoin last month and none of them were good. In amongst swipes about the cryptocurrency being ‘a fraud’ and best suited to murderers and North Koreans, Dimon...

/ October 16, 2017
ICO Regulation in Asia after China

How the ICO Regulatory Framework May Change in Asia

When China implemented a ban on Initial Coin Offerings (ICOs) at the beginning of September, cryptocurrency markets across the globe took a heavy tumble. This prompted many to speculate that the game was very much up for these rogue new...

/ September 26, 2017
NEO CEO possible collaboration China Regulators

NEO is Rising on Comments by the Founder on Possible Collaboration

NEO seems to have been making quite a bit of headway over the past few days. This was on some news that the founder of NEO, Da Hongfei advised the Chinese government on a possible “collaboration”. The comments were made...

/ September 26, 2017
viaBTC setting up business offshore

Via BTC will Open up a new Platform outside of China

ViaBTC was one of the exchanges that was forced to close down their operations in China as a result of the ban. They will officially cease all operations in the country on the 30th of September. According to the statement...

/ September 23, 2017
China Bitcoin Ban Helps Japan

Bitcoin Traders are Moving from China to Japan

News of the Chinese crackdown on local exchanges has gone from mere Fear Uncertainty and Destruction (FUD) to a confirmed fact. This caused a large scale panic in the market as the price of all coins fell on the decision....

/ September 22, 2017
Why So Much Bitcoin Mining Concentrated in China

Why so much Bitcoin Mining is Concentrated in China

It is no secret that China is in by far the most dominant position when it comes to Bitcoin mining. Currently, China accounts for about 71% of the mining hash power in the world. This comes down to simple economics...

/ September 18, 2017
Chinese Bitcoin Investors Flee WeChat for Telegram

Chinese Bitcoin Investors Flee WeChat for Telegram

There has been quite a scare going on in China since the government decided that they wanted Bitcoin exchanges shut. Most Chinese traders would have gone onto WeChat and spoken to their local dealers in order to buy or sell...

/ September 16, 2017