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Two major exchanges, Huobi and Binance, had already halted new registrations for mainland Chinese customers. ( China Star Market, in Chinese) Alibaba announced on Monday that it will prohibit the sale of crypto mining equipment and related tutorials and software, effective from Oct. 8. The announcement is a reaction to Chinese government ...

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Chinese mining company skips Sudan's Kassala, equipment seized. The Kassala government has seized equipment and machinery after a Chinese mining company 'suddenly disappeared' from the state. In a public statement by the media office on Sunday, the Wali of Kassala, Adam Jamaa denied any responsibility by the government, explaining that ...

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City authorities in China's Inner Mongolia province reported the seizure of 10,000 unregistered cryptocurrency mining equipment on Monday, September 27. The mining equipment was discovered in a shed in the small and medium-sized enterprises area of an entrepreneurship park located in Bayannur. Regarding confiscated mining equipment a ...

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Chinese mining firm makes $470m bid to acquire Golden Star

Golden Star's Wassa Gold Mine is located in western Ghana, 35 km northeast of the town of Tarkwa along the Ashanti Greenstone Belt. Ghana-focused miner Golden Star Resources says China's Chifeng Jilong Gold Mining has agreed to purchase all of the company's shares for a …

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Rio Tinto's representative revealed the company has been boosting its purchases of Chinese and Indian heavy equipment – such as heavy-duty trucks, equipment for loading ships and rail cars that carry ore – and other products. The company finds the quality of this equipment quite impressive, the site Mining quotes. Sam Walsh.

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2021 data for the global distribution of mining power is not yet available, but past estimates have shown that 65% to 75% of the world's bitcoin mining happened in China – …

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China's biggest cryptocurrency mining machine-maker Bitmain announced that the company has suspended selling machines in the spot market globally as selling pressure piles up in the secondary market.

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