BTC miners in the Xinjiang autonomous region of China have shut down a significant part of their hashing power. The miners ...
Bitcoin’s hashrate slid 5.6% after China shut down mining operations in Xinjiang, displacing hundreds of thousands of rigs.
About 400,000 Bitcoin mining rigs have been shut down as a consequence of Chinas reinforcement against cryptocurrency mining in Xinjiang, which caused a sharp 810% decline in the worldwide network ...
Jianping Kong, a former co-chair of Canaan, said a nearly 10% decline in Bitcoin’s hashrate today stems from about 400,000 ...
Bitcoin’s outlook for 2026 is being defined by a subtle shift in supply dynamics. As macro volatility picks up and renewed ...
The Bitcoin price drops despite institutional buys as forced selling from miners and Asian holders pressures the market.
BitFuFu argues cheap renewable energy in U.S. states can offset hardware costs, enabling miners to remain profitable post-tariffs. Luxor urges U.S. policymakers to exempt mining rigs under computer ...
Compass Mining noted in a recent update that China currently holds an estimated 14% share of the global Bitcoin mining market. This, according to Hashrate Index, which reportedly makes it the world’s ...
US President Donald Trump’s trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only hold a small sliver of market share ...