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A provocative blog post stirs up a firestorm in China economist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economist.com Daily Mail and Mail on Sunday newspapers.
China's escalating property curbs point to Xi's new priority taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
CX Daily: The Fall Of China’s Last Bitcoin Mining Haven An ethnic Tibetan woman in Sichuan province’s Heishui county carries components of cryptocurrency mining machines that were sent from the Xinjiang Uyghur autonomous region on May 2. Photo: Ding Gang/Caixin Bitcoin / For the past year and a half, the loud whirring of tens of thousands of high-power computers filled a cavernous warehouse round-the-clock, making a stark contrast with the hushed forests of the Ngawa Tibetan and Qiang autonomous prefecture in Southwest China’s Sichuan province. This computational arsenal belonged to a crypto mining farm, a facility crammed wall-to-wall with specialized computers dedicated to solving the complex math problems that keep the network running, and earning new Bitcoin along the way. “That’s the sound of cash coming in,” said Ye Lang (pseudonym), the 40-year-old manager of the two-floor facility in the prefecture’s Heishui county. ....
In its latest crackdown, China intensifies focus on real estate aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.