Chinese crypto mining rig manufacturer Canaan Inc. on October 24 launched the Avalon Made A13 series, a new generation of bitcoin mining machines.
Huobi Global has decided to discontinue account registration for new users in Chinese mainland since September 24, and will gradually retire existing user accounts in the region by 24:00 (UTC+8) on December 31.
China’s top telecommunications and Internet regulators on Monday unveiled new guidelines aimed at transforming the country into a global leader in blockchain technology by 2025, as authorities continue to impose curbs on domestic cryptocurrency production.
Carbon emissions resulting from China’s domestic Bitcoin mining operations may reach 130.5 million metric tons by 2024, surpassing the total of countries including the Czech Republic and Qatar, according to a study released on Tuesday.
The government of Inner Mongolia has ordered a halt to the construction of new cryptocurrency mining projects, and has vowed to shut down all existing mining farms by the end of April.
It is reported that Canaan has set the issuing price at the lower end of the price range, raising a total of $90 million.
A city is not only a division of geographical location, but also a competitive entity for new technology. When a new technology emerges, there will be local adoption that creates new urban economic growth factors and a new perception of the city. For major cities, blockchain is a rare technical gift.