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Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

Over 20 bitcoin mining farms in China’s Inner Mongolia have been stripped of electricity perks after a clampdown by the local government. A document issued by the Department of Industrial and Information Technology of the Inner Mongolia Autonomous Region on Aug. 24, obtained by CryptoX, shows the government agency has required

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Chinese Bitcoin Miner Producer Ebang Is Launching an Offshore Exchange

One of the major manufacturers bitcoin mining equipment hopes launching its own exchange could double total revenue by 2022. In an interview with Bloomberg BNN, CFO Chen Lei confirmed the Hangzhou-based Ebang was planning to launch a regulatory-compliant crypto exchange that would strictly operate outside of China, where the government

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