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Many crypto miners have moved out of China to the US, following crackdowns and increased regulation against the industry in China.
SAN SALVADOR (Reuters) - El Salvador's unfolding experiment as a first-adopter of the crytocurrency bitcoin could be increasingly powered by new streams of renewable energy, the chief of the country's hydroelectric commission told reporters on Friday.
(Reuters) - Fintech firm Square Inc Chief Executive Officer Jack Dorsey said on Friday that the company is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as businesses.
SHAH ALAM: A bitcoin mining syndicate was busted for stealing about RM24mil worth of electricity following raids in a few districts in Selangor.
PETALING JAYA: The Datuk who allegedly ran a network of online gambling, illegal moneylending and crypto-currency mining syndicates here is expected to be charged on Friday (Sept 17).
(Reuters) - Blockchain firm Blockstream Mining said on Thursday it would partner with Australian financial conglomerate Macquarie Group to develop bitcoin mining facilities that use renewable energy.
SAN SALVADOR (Reuters) - El Salvador will on Tuesday become the first country in the world to recognize bitcoin as legal tender, a move President Nayib Bukele says will save Salvadorans living abroad millions of dollars in commissions on money they send home.
Court in China says cryptocurrency ‘not protected by law’ in ruling that could set a precedent for bitcoin lawsuits
The plaintiff invested US$10,756 to buy tokens endorsed by three friends but the accounts were closed after the central bank reiterated the ban on crypto transactions. Chinese authorities outlawed the mining of cryptocurrencies this year, triggering a wave of migration by miners from China to central Asia and North America.