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Posts published in “Bitcoin”

What will happen to Bitcoin and mining in China?

Last October, Xi Jinping stated that the development of blockchain technology is one of the priorities of the Chinese government. By that time, it was already known that in the territory of the Middle Kingdom, since 2014, a state cryptocurrency was being developed with the support of the People’s Bank…

How Bitcoin can help central banks

Many central banks for decades can not develop a predictable monetary policy, and this uncertainty is quite expensive for the economy. Lets try to solve that problem with Blockchain. Soon after Ronald Reagan became president of the United States, former Fed chairman Arthur Burns visited the current chairman Paul Volcker.…

Chinese Crypto Mining Giant Bitmain Developing Facilities In US, Document Suggests

The major Chinese cryptocurrency mining hardware manufacturer Bitmain is reportedly involved in the development of Ant Creek mining centers in the US. According to the business data website companies-number.com, Bitmain’s co-founder Jihan Wu is the sole “governing person” of the Ant Creek LLC in Tumwater, Washington. According to local newspaper…

Jihan Wu to Talk Central Bank Crypto at DC Summit

Jihan Wu, the controversial co-CEO of bitcoin mining hardware maker Bitmain, will discuss the idea of central bank digital currencies in a speech Wednesday, a source told CoinDesk. Wu is perhaps the most highly-anticipated speaker at the three-day D.C. Blockchain Summit, which kicked off on Tuesday with a developer event.…

Porsche Starts Working with Blockchain Technology After Volkswagen

Different car producers are starting to use blockchain technology in the vehicles they are producing. Now, Porsche is testing Ethereum-based blockchain technology in collaboration with a start-up known as XAIN. This start-up is already working with DHL, Volkswagen, Nvidia, and many other enterprises in the industry. With this partnership, XAIN…

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