{"id":17044,"date":"2018-01-08T12:14:34","date_gmt":"2018-01-08T18:14:34","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=17044"},"modified":"2018-01-08T12:14:34","modified_gmt":"2018-01-08T18:14:34","slug":"bitcoin-miners-are-shifting-outside-china-amid-state-clampdown","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=17044","title":{"rendered":"Bitcoin Miners Are Shifting Outside China Amid State Clampdown"},"content":{"rendered":"<blockquote><p>Bitmain, which runs China\u2019s two largest bitcoin-mining <a title=\"Pool rankings\" href=\"https:\/\/blockchain.info\/pools\" target=\"_blank\" rel=\"nofollow noopener\">collectives<\/a>, is setting up regional headquarters in Singapore and now has mining operations in the U.S. and Canada, Wu Jihan, the company\u2019s co-founder, said in an interview. BTC.Top, the third-biggest mining pool, is opening a facility in Canada and ViaBTC, ranked No. 4, has operations in Iceland and America, their founders said.<\/p><\/blockquote>\n<p>Source: <em><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-05\/bitcoin-miners-are-shifting-outside-china-amid-state-clampdown\">Bitcoin Miners Are Shifting Outside China Amid State Clampdown &#8211; Bloomberg<\/a><\/em><\/p>\n<p>More news on Bitcoin today.<\/p>\n<p>From:\u00a0 <a href=\"https:\/\/www.bleepingcomputer.com\/news\/cryptocurrency\/microsoft-halts-bitcoin-transactions-because-its-an-unstable-currency\/\">Microsoft Halts Bitcoin Transactions Because It&#8217;s An &#8220;Unstable Currency<\/a><\/p>\n<blockquote><p>While Bitcoin price has always fluctuated, it never swung like it did in the <a href=\"https:\/\/www.xe.com\/currencycharts\/?from=XBT&amp;to=USD&amp;view=1M\" target=\"_blank\" rel=\"nofollow\">past three months<\/a>. To be widely adopted by the financial sector, a digital or fiat currency must be stable in order to be useful, something that Bitcoin is definitely not.<\/p><\/blockquote>\n<p>From:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitmain, which runs China\u2019s two largest bitcoin-mining collectives, is setting up regional headquarters in Singapore and now has mining operations in the U.S. and Canada, Wu Jihan, the company\u2019s co-founder, said in an interview. BTC.Top, the third-biggest mining pool, is &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=17044\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1121],"tags":[742,277,1379],"class_list":["post-17044","post","type-post","status-publish","format-standard","hentry","category-current-events","tag-bitcoin","tag-china","tag-crypto-currency"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/17044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17044"}],"version-history":[{"count":1,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/17044\/revisions"}],"predecessor-version":[{"id":17045,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/17044\/revisions\/17045"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17044"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}