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Bitmain Will Not Ship Crypto Mining Equipment to China

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Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities related to cryptocurrencies. Bitmain Stops Mining Rig Deliveries to Mainland … Read more

Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan

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Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The new devices are expected to increase the Chinese company’s total hashrate capacity by an estimated 165 petahashes per second. Bit Mining Buys New Cryptocurrency Miners for Data Centers in Kazakhstan … Read more

Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply

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While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC manufacturers are sold out for months. Moreover, because … Read more

These Websites Help You Shop With Major Retailers Using Cryptocurrency

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Cryptocurrency users are often forced to convert their coins to fiat in order to purchase items from leading retailers and ecommerce platforms such as Walmart and Home Depot, Amazon, Aliexpress, and Ebay. The hesitation of these merchants to embrace crypto payments has created a niche that’s being occupied by online businesses that are bridging the … Read more

Is Walmart Poised to Become a Major Blockchain Player?

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Semantics aside, the world of blockchain technology represents a new paradigm in the way businesses interact and operate. When its true potential is realized, the integration of blockchain throughout global industries may manifest as a transformative wave that beckons the next era of technology and business. While one certainly wouldn’t expect retail giant Walmart to … Read more

Abu Dhabi Firm Develops Blockchain Solution for City’s Ports

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Abu Dhabi Ports has launched a blockchain solution for the city’s shipping industry, the first such initiative in the island city. Developed through its subsidiary Maqta Gateway, the initiative is known as Silsal and aims to increase efficiency, transparency and security in the country’s shipping industry. As reported by Construction Business News on June 2, Silsal … Read more