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Keep up to date with the latest events

We are launching “Industry News”

Want to know what’s happening in the cryptocurrency world? To stay informed about changes in the BTC rate? To be aware of major tendencies and have access to useful information? Now you can find everything in one place!

We launched the Industry news section where we will be covering the latest events and sharing helpful facts. Take a look at our latest article where we talk about new records of BTC rate, look at opinions of investors and experts on the future of cryptocurrency, and discuss why you need to start mining now and how profitable it is.

We will update the Industry news regularly, so don’t forget to check it once in a while. Believe us, you don’t want to miss it! We will become your guide in the digital currency world and make your mining experience more exciting.

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Pubblicato: 18.03.2021

#tips #announcement

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Notizie del settore

Why now’s the best time to start crypto mining

In May 2021, a massive cryptocurrency crackdown happened in China: the government banned cryptocurrency mining in four major provinces. The clampdown led to the forced relocation of a solid number of both Chinese and international digital assets companies and brought about a drop in the bitcoin hash rate by more than 50%. The Chinese government's ultimate ban on financial institutions, including banks and online payment channels for applying cryptocurrency, then echoed around the world and hit the news reports of multiple crypto websites. According to Kevin Zhang, Vice President of Business Development at Chinese crypto company Foundry, by the end of June 2021, about 90% of Chinese miners were forced to completely stop mining digital assets.