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Chomping at the Bitcoin: An Expert's Take on Bitcoin in China

January 17th, 2015 | by BTC News

Chomping at the Bitcoin: An Expert's Take on Bitcoin in China
In fact, China was playing the more significant role. At that time, exchange BTC China had already posted the record-high bitcoin price of $ 308 (CNY equivalent) in April 2013 and was surpassing Mt Gox in trade volumes. Chinese factories were cranking …
Read more on CoinDesk

Bitcoin might be dead. It doesn't matter.
These miners could be an individual on a laptop or a warehouse full of dedicated machines in China. But they power Bitcoin and are rewarded for their efforts with new coins that are periodically created. Benefits of that become clear when you imagine a …
Read more on Telegraph.co.uk

Bitcoin voted worst currency in 2014
The stand out story of the year was the effective ban of Bitcoin in China. The rot started in February, when the People's Bank of China banned third-party payment processors from funding Bitcoin exchanges in the country. Just hours after the …
Read more on SiliconANGLE (blog)

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