... cryptocurrency mining fearing a disruption in the national payment system at a time when the digital yuan is experimentally introduced into the national economy.
In May–June 2021, China—allegedly to preserve financial stability—banned mining of bitcoin and other crypto assets in such major mining centers as Inner Mongolia, Sichuan, Xinjiang and Yunnan. The total ban on mining was far from unexpected for miners as the Chinese authorities had repeatedly issued warnings over the risks of bitcoin ...
... resources because Abkhaz authorities are unable to pay their debts to Russian suppliers.
There is however a revival of interest in renewable energy in the region due to recent events and the rise in the price of cryptocurrencies, the best known of which is Bitcoin, that is attracting many investors who are developing “farms” (the name given to places mining Bitcoin) in Abkhazia.
Michael Lambert:
Consequences of the Diplomatic Recognition of Abkhazia by the Syrian Arab Republic (2018)
To begin with,...
What will happen to cryptocurrencies after Bitcoin has hard-forked?
Bruce McConnell, Pavel Sharikov, Maria Smekalova:
Suggestions on Russia-U.S. Cooperation in Cybersecurity
The hard-fork is a normal occurrence which will further recur in the world of cryptocurrencies. Cryptocurrencies are ...
The advent of Bitcoin spawned an entirely new perspective on the very nature of money itself. Entirely electronic and almost impossible to track, this new style of currency helped spark a whole new way for people to perform transactions without lots of the possible ...
... on each other. But according to recently published articles, there appear to be complications in their relationship. Currently, the most divisive difference between them seems to be innovations associated with the anonymous digital currency (“bitcoin”).
Silicon Valley, Wall Street and Washington
Wall Street is often criticized, but it also has many defenders who argue that without Wall Street, Silicon Valley wouldn’t exist. Studies of the initial capital in start-up companies show ...