Important: China tries to destroy Crypto Currencies – Major Chinese crypto exchange suspends domestic bitcoin mining operations
(005875.811-:E-000062.43:N-AC:R-SU:C-30:V)
[Take a look at how China is actually destroying crypto mining. This might be good. I think Whites will continue to dominate crypto going forward more than ever. Crypto is real and crypto is run by WHITES mostly. Jan]
Cryptocurrency exchange Huobi has suspended bitcoin mining services and sales of mining equipment in mainland China. The move comes on the heels of a government crackdown on crypto mining in the country.
Huobi thus has become one of the first Chinese-founded platforms to halt its miner hosting operations.
“In order to be more focused on the expansion of our overseas presence, we will currently suspend provision of related services for new users in mainland China. For existing users, updated information and details will be announced shortly,” a spokeswoman at Huobi told the South China Morning Post on Monday.
The company separately announced that while its hosting services on its mining cloud platform have been suspended, the mining pool it manages (Huobi.pool) is continuing normal operations.
The Chinese government banned financial transactions of bitcoin and other tokens in 2019, but cryptocurrency mining farms in Inner Mongolia, Sichuan, Xinjiang and other mainland locations have still been operating.
However, on Friday China’s Financial Stability and Development Committee announced it will “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society.”
According to estimates by the Cambridge Bitcoin Electricity Consumption Index, China has the world’s largest cryptocurrency mining location, which accounts for 65% of the global bitcoin hash rate (a measurement of computational power used in a mining network).
Energy consumption in the country is expected to peak in 2024 at 297 terawatt-hours. That’s more than the energy used by Italy’s entire population in 2016.
The industry consumed about 121 terawatt-hours a year, or nearly 0.5% of the world’s energy production, as estimated by Cambridge University.
Source: https://www.rt.com/business/524666-china-crypto-exchange-suspends-mining/
White Shop: Tigers in the Mud: The Combat Career of German Panzer Commander Otto Carius
He was physically small and often underestimated, but once he took command of his first Tiger he found his calling and worked his way up the chain of command from a lowly loader to company leader. His exploits on the Ost Front became semi-legendary, but unlike some of his more famous fellow Tiger aces (Wittman, von Strachwitz), he survived to tell the tale first-hand.
2003: Zim: World Food Program cuts December food for 2.6m Black people
Here‘s proof from an old article of mine that the WFP was feeding millions of Blacks in Zimbabwe after they chased out the White Farmers. Personally I think the Blacks should have been left to starve.
White Shop: German SA Pendant
Symbol of the German S.A. inside a wreath with the number 88 underneath. Comes with black neck cord.