Latest News for: Mining centre


Why We Can’t Trust Bitcoin Mining Hash Rate Data From China

Bitcoin Magazine 19 May 2022
China has “re-emerged” as a major bitcoin mining hub in 2022, representing more than 20% of the Bitcoin network’s hash rate, according to new data from Cambridge’s Centre for Alternative Finance (CCAF). The October 2021 data update from CCAF indicated that “mining operations in mainland China have effectively dropped to zero.”.

Bitcoin Mining Back in China after Ban

BitRSS 19 May 2022
China “bans” Bitcoin mining, one year later the nation’s contributions to the Bitcoin mining network are second only to the United States. According to the Cambridge Centre for Alternative Finance, China is once again a major Bitcoin miner despit ... .

HC seeks affidavit on Tikok open cast mining

The Times of India 18 May 2022
DK Das, advocate for the petitioner, said the mining at the OCP was being carried out without the approval of the Centre and by violating the Forest (Conservation) Act 1980 and the directions of the Supreme Court ... After the expiry of the lease, coal mining was carried out at the OCP without the final approval (stage-II approval) from the Centre.

China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown

Business Insider 18 May 2022
A surge in covert operations has made it a major mining hub again, the Cambridge Centre for Alternative Finance found ... Research by the Cambridge Centre for Alternative Finance found a surge in covert mining operations post-ban means the country is now the world's second-largest location for bitcoin mining, behind the US.
photo: Creative Commons / Unplash/ Dmitry Demidko
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries, December 1, 2018.

New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate

NewsBTC 18 May 2022
The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study ... Of course, the Cambridge Centre for Alternative Finance couldn’t pass the opportunity to spread some unfounded rumors about bitcoin mining.

China makes a comeback in the Bitcoin mining scene

Cryptoslate 18 May 2022
New Bitcoin (BTC) mining data from the Cambridge Centre for Alternative Finance (CCAF) has revealed that China has resurfaced as a leading mining hub. This resurgence comes after the country banned BTC mining in the past year, citing BTC’s Proof-of-Work (PoW) consensus mechanism, which is energy-intensive ... remains the top BTC mining hub.

Bitcoin production has roared back in China thanks to an underground mining scene

CNBC 18 May 2022
New research from the Cambridge Centre for Alternative Finance shows that Chinese bitcoin mining activity has quickly rebounded ... .

China Ban on Bitcoin Mining Fails Epically According to New Data

FX Empire 17 May 2022
In 2021, China imposed an outright ban on bitcoin (BTC) mining, leading to a material shift in the mining landscape ... The Cambridge Centre for Alternative Finance released data in August, showing China’s bitcoin mining hashrate at zero ... Today, the Cambridge Centre for Alternative Finance new crypto mining data that may alarm the Chinese government.

Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate

Bitcoin 17 May 2022
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate ... The Cambridge Centre for Alternative Finance updated the organization’s bitcoin mining data and map in order to highlight 2022 hashrate statistics.

New data confirm that many Bitcoin miners kept operating China even after ban

The Block 17 May 2022
Following China's crackdown on bitcoin mining last year, a large number of miners were seemingly plugged back into the network by September 2021, according to the most recent data from the Cambridge Centre for Alternative Finance (CCAF) ... Mining in Canada, meanwhile, has grown at a much more modest pace ... Cambridge Centre for Alternative Finance.

Crypto Mining Is Flocking to the U.S. That’s Not Helping the Stocks.

Barrons 17 May 2022
has taken an increasingly dominant role in worldwide crypto mining ... much for shares of crypto mining stocks.

China Emerges as Leading Bitcoin Mining Hub a Year After Crackdown: Cambridge Data

CryptoPotato 17 May 2022
China outlawed Bitcoin mining last May. Exactly a year later, the country has re-emerged as the leading venue for mining operations. A new study revealed underground mining activity in the country had catapulted it to second place globally in terms of installed mining capacity ... Shift in Bitcoin Mining Landscape.

China re-emerges as second-largest bitcoin mining center despite recent ban

Cryptopolitan 17 May 2022
The Cambridge Bitcoin Electricity Consumption Index (CBECI) by the Cambridge Centre for Alternative Finance (CCAF) shows that Chinese Bitcoin mining activities have rebounded, and it’s currently the second-largest worldwide ... Bitcoin mining is done secretly in China ... mining center.

Institutions urged to invest in automated external defibrillators

Ghana News Agency 17 May 2022
Dr Gyan said this in Accra during a health and safety officers refresher course for some mining firms in Ghana ... The participants were at the University of Ghana Medical Centre on a study tour. Chirano Gold Mine, Chirano; Newmont Ghana, Ahafo; Newmont Ghana, Akyem; Asanko Goldmine, ...

Bitcoin Mining Appears to Have Survived Ban in China

CoinDesk 17 May 2022
China is once again contributing a significant chunk of the world's bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF) ... .

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