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Daily Crunch: China considers Bitcoin mining ban –

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Daily Crunch: China considers Bitcoin mining ban The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here.

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Regulators in China are weighing a ban on Bitcoin mining Cryptocurrency mining has become the latest target for the Chinese government.

Chip designer Nvidia Corp , for example, saw its shares fall sharply last week after it blamed disappointing results on unsold chips piling up after the cryptocurrency mining boom evaporated..

 · Chinese regulators are rumored to take another forceful action toward the Bitcoin industry, potentially asking bitcoin mining companies in China to exit the business soon. This is another and final major blow to China’s Bitcoin industry after Beijing closed all Bitcoin exchanges and banned initial coin offerings last fall. UNLOCK DATASubscribe & Access the Best [.]

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In the past, when People’s Daily, the party-run newspaper, described bitcoin as "digital gold" for instance, in an article published in May it used the term "digital currency." It is important to interpret the Chinese language, especially specific word choices made by official sources, very carefully.

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Daily Crunch: Huawei founder remains defiant Feb. 19, 2019 Daily Crunch: China considers Bitcoin mining ban Apr. 9, 2019 daily crunch: wikileaks founder arrested Apr. 11, 2019

Tesla plans to start delivering Model 3 cars to customers in China in March and reportedly is close to getting. most liquid listed companies that are active in the exploration and mining of Lithium.

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especially in the wake of the 2008 credit crunch, their interest is counteracting the dismissive comments. There have even been reports in the last 24 hours, that China might be considering reversing.

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