The Digital Source For China's Tech Innovation Since 2000

Search
Close

Bitmain suspends bitcoin miner shipments in mainland China

October 10, 2021
Source: techtelegraph.co.uk techtelegraph.co.uk
News Snapshot:
Bitcoin mining hardware manufacturer Bitmain will no longer deliver its machines to mainland China addresses. The Beijing-based firm announced the news on Sunday, saying that it will follow local regulations and suspend domestic delivery starting from Monday, but overseas business remains as usual. Bitmain’s move may not impact the company much as its domestic sales had been declining since late last year amid the rise of North American mining operations . The company’s move perhaps formally marks the end of its domestic market share, which accounted for nearly 50% of its revenues in 2017 and about 40% in the first...
Go To Original Source →
Tags: Beijing | bitcoin | block | blockchain | Business | chat | China | Chinese | delivery | energy | fintech | government | hardware | IP | IT | Jiangsu | manufacturer | market share | news | overseas | sales | share | staff

Other Related News:

South Korea overthrows China, won the championship for the 2nd time – Thai girls finished 3rd at Uber Cup feathers

May 15, 2022

Is it wise to proceed with the Northern Metropolis and Lantau Tomorrow when Hong Kong’s population is set to decline?

May 15, 2022

COVID-19 Forces Shanghai Schools Go Online

May 15, 2022

South Korea dethrone China to win badminton's Uber Cup in nail-biter

May 15, 2022

G7 Sends Blunt Message to China About Aiding Russia

May 15, 2022

China Bans Education Apps for Pre-School Children to Reduce Smartphone Addiction- TechCodex

May 15, 2022

Parent -child game Chinese subtitles magnetic

May 15, 2022

“Chinese version of Musk” was banned after Musk’s voice Ma Yilong Tesla

May 15, 2022

Tesla Stops Taking Cybertruck Orders in China and Europe

May 15, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....