Not So Great Wall: How China Failed Miserably To Ban Bitcoin Mining

Not So Great Wall: How China Failed Miserably To Ban Bitcoin Mining

The China ban on Bitcoin mining back in 2021 had one of the greatest impacts on the space. On the back of this, the price of the digital asset had gone on a massive downtrend as the hashrate out of the mining capital of the world had dropped to nearly zero. However, less than one […]


Related News

The Great Wall of China Enters the Bitcoin Game

Dragon's Tale allows players to stick paintings on the Great Wall of China and make money at the same time. The Great Wall of China is one of the seven wonders of the world. The ancient wall (portions of it) dates back to 7th century BC. The wall was completed by the first emperor of China, Qin Shi Huang in 206 BC. Portions of the wall have been rebuilt from time to time by various rulers since then. The Great Wall of China acts as a border control and a line of defense against external threats. Since the end of dynasties and warriors, the ancient Great wall of China continues to stand....

Bitcoin has failed miserably as currency, says NYU's 'dean of valuation'

The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency. Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitcoin (BTC).Appearing on episode 10 of the Moneycontrol Masterclass program, the NYU professor doubled down on his longstanding repudiation of Bitcoin as currency.According to Damodaran, Bitcoin’s limited use in microtransactions flies in the face of claims that BTC is viable as a form of money, stating:“A good currency, in my view, is one that's used to buy coffee, buy....

Dragon’s Tale – Adorn the Great Wall and Hit the Jackpot

Dragons’s Tale was the first Bitcoin Casino Role-play-game in the Bitcoin Gambling Industry. It is also one of the leading casinos in the industry. The gameplay in Dragon’s tale is extremely addicting since you can go around an amazing 3D virtual world finding the most awkward casino games you can imagine. One of these incredible games is the Great Wall. The Great Wall is a luck game. There are many different stakes scattered among the islands, ranging from a single Bitmill to a full Bitcoin. In this game, players need to “create a painting”, and place it upon The Great Wall. Players can....

China Forces Chinese Media To Censor Bitcoin Summit

Communist China has a long and distinguished history in censorship. Even recently, when XinJiang separatists attacked a Guangzhou train station with nothing but knives, killing and injuring over several people, the government explicitly told media: "You must not spread the news." The government does not want the news to spread because they do not want any sort of discussion about the incident, or the people involved. While this is an effective way to minimize the glorification of villains, as happens in the sensationalist Western media often, it is equally sobering way to tell victims'....

The Metric That Says China Bitcoin Mining Migration Is Complete

Bitcoin mining took a big hit when the Chinese authorities commenced a crackdown on crypto mining. This had led to an exodus of miners out of China. Which had been the world’s headquarters of mining at the time. Over 70% of the entire mining in the world is carried out in China before the crackdown […]