BREAKDOWN: What's Really Behind China's Bitcoin Mining Ban?

BREAKDOWN: What's Really Behind China's Bitcoin Mining Ban?

By CoinDesk

An update on the Bitcoin Mining Council and the China Mining Ban.

This episode is sponsored by Nexo.io and Bitstamp.

Today on The Breakdown, NLW covers:

More information about the Bitcoin Mining Council, and why its members say they’re strictly focused on energy transparency A new, temporary crypto mining ban in IranThe latest on the China mining ban, including new proposed rules from Inner Mongolia, more on-chain data about miner activity, and a very different interpretation of the CCP’s motivations for the current action 

-

Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

-

Bitstamp is the world’s longest-running cryptocurrency exchange, supporting investors, traders and leading financial institutions since 2011. With a proven track record and dedication to personal customer service with a human touch, Bitstamp’s fast, secure and reliable crypto investing platform is trusted by over four million people worldwide. To learn more, visit www.bitstamp.net.

-

Image credit: Qilai Shen/Bloomberg/Getty Images

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

-
-
Heart UK
Mute/Un-mute