Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining

Chinese officials from the Yaan municipality released a statement on the use of the local hydropower-derived electricity for cryptocurrency mining operations. Chinese officials from the city of Ya’an in Sichuan have come out in support of using locally produced hydropower for cryptocurrency mining operations. On April 20 the Municipal Economic and Information Bureau and the […]

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China Launches Blockchain-Based Service Network for Global Commercial Use

China launches its nationwide Blockchain-based Service Network for commercial use. Six months after the beta test launch, China’s Blockchain-based Service Network — or BSN — is now officially available for global commercial use.  Various Chinese government officials and heads of organizations gathered for a meeting in Beijing on April 25 where they announced the public […]

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