Tag: Bitmain Technologies

  • China to ban bitcoin mining

    China to ban bitcoin mining

    China‘s state planner wants to ban bitcoin mining, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector. China is the world’s largest market for computer hardware designed to mine bitcoin and other cryptocurrencies, even though such activities previously fell […]

  • Chinese crypto miner maker Canaan’s IPO application is likely to be delayed

    Chinese crypto miner maker Canaan’s IPO application is likely to be delayed

    Canaan Inc, one of the world’s leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the prospects for other Chinese makers of bitcoin mining gear. Canaan’s application lapsed on Thursday six months after it was filed, the Hong Kong stock exchange’s […]