Ieee.org, which describes itself as “the world’s largest technical professional organization for the advancement of technology,” has published an article titled “Why the biggest bitcoin mines are in China,” mostly based on a visit to a computer facility in Inner Mongolia owned by a company that has manufactured about 70 percent of all the world’s computers that do calculations to “mine” bitcoin.
Why? Cheap, coal-fired electricity, and access to cheap chips.
Challenging China: Taiwan supports mainstream adoption of ICOs and Bitcoin / Coin Telegraph
Bitcoin prices rise above $5,000, without China / Forbes
Minimum wages on the march in China as labour pool shrinks / SCMP
How Casio is selling $900 selfie cameras in China / The Verge
Mercedes-Benz, JVs to recall over 350,000 vehicles in China: watchdog / Reuters
China Southern breaks ground as new Beijing airport takes shape / Caixin
Alipay overseas transaction grew by eight times over National Holiday Golden Week / TechNode
Chinese farmers turn to crop-dusting drones / Caixin