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Chinese Ethereum Mining Pool BeePool to Shut Down Following Crypto Ban

"The Hash" team discusses the latest blow to the mining community, suggesting the outlook for global mining operations. China-based BeePool, the world's fourth-largest Ethereum mining pool by processing power, or hashrate, which halted registrations for new users and new subsidiary accounts for existing users, will suspend all services to miners beginning Oct. 15 at 15:59 UTC (11:59 a.m. ET). This follows SparkPool, another top Chinese Ethereum mining pool, suspending operations.

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Finance

Bitmain, le principal Maker de machines de minage de Crypto , a annoncé l'arrêt de ses ventes en Chine.

Bitmain, basé à Pékin, va également déplacer la majeure partie de sa production hors du sud de la Chine vers d'autres pays en réponse à la dernière répression gouvernementale, ont indiqué des sources.

Bitmain AntMiner S3

Finance

Alibaba va cesser de vendre des machines de minage de Crypto

La société a déclaré qu'elle suivait les directives de la PBoC de vendredi, mais qu'elle prenait également note de l'instabilité de la réglementation mondiale des Crypto .

People's Bank of China (Emmanuel Wong/Getty Images)

Finance

Le pool minier chinois Ethereum BeePool va fermer suite à une répression

La décision de l'entreprise est intervenue juste après que SparkPool, un autre pool minier chinois Ethereum de premier plan, a annoncé la suspension de ses opérations.

Graphics processing units (GPUs) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2020. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg

Videos

IDX CIO on Selling Fully Out of Bitcoin Exposure

Quantitative asset manager IDX Digital Assets has sold all of its bitcoin holdings. IDX Chief Investment Officer Ben McMillan discusses why, citing news from China, global regulatory actions, and BTC’s speculative nature.

CoinDesk placeholder image

Videos

Interaxis Co-founder: Institutional Adoption of Crypto Is 'Just Not There'

Reacting to SkyBridge Capital founder Anthony Scaramucci saying institutional interest in crypto is weakening, Adam Blumberg, co-founder of financial advisor Interaxis, discusses why "institutional adoption is just not there." He adds most institutions are not ready for bitcoin, its volatility, its custody, or regulators. Plus, his views on the potential impact of China's crypto ban on the crypto markets, digital yuan, El Salvador's Bitcoin Law, and more.

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Policy

Trois points de vue erronés sur l'interdiction des Crypto en Chine

Certaines réponses courantes à la répression chinoise manquent de contexte essentiel.

An electronic screen displays the Hang Seng Index in the Central district of Hong Kong, China Monday, Sept. 20, 2021.

Finance

SparkPool, le pool minier chinois Ethereum, va suspendre tous ses services en raison de la répression.

Le deuxième plus grand pool minier Ethereum au monde avait initialement cessé de fournir des services aux nouveaux utilisateurs chinois, mais a étendu sa suspension à tous les utilisateurs.

Máquinas de minería de bitcoin

Videos

Chinese Ethereum Mining Pool SparkPool to Halt All Services Due to Crackdown

The world’s second-largest Ethereum mining pool, SparkPool, which initially stopped providing services to new Chinese users, has now expanded its suspension to all users by Sept. 30 following China's tightened crackdown on cryptocurrencies. "The Hash" panel discusses the outlook for mining operations in China and the wider repercussions of the country's most comprehensive crypto ban to date.

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