Tag Archives: bitcoin mining

China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades

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China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades Order comes amid a broader clampdown on financial risk China is home to nearly a quarter of world’s bitcoin trades China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after … Continue reading China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades →

Forget oil, Russia goes crazy for cryptocurrency

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Forget oil, Russia goes crazy for cryptocurrency   MOSCOW (AFP) – Standing in a warehouse in a Moscow suburb, Dmitry Marinichev tries to speak over the deafening hum of hundreds of computers stacked on shelves hard at work mining for crypto money. "The form of currency we are used to is about to disappear," predicts … Continue reading Forget oil, Russia goes crazy for cryptocurrency →