Important: China tries to destroy Crypto Currencies – Major Chinese crypto exchange suspends domestic bitcoin mining operations
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2005: S.Africa: Black Teenage Mum: I drowned my HIV+ baby in a toilet
A young Matatiele mother admitted in the Pietermaritzburg High Court on Friday to killing her nine-month-old baby because she was HIV positive.
[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/
3 South African cities now rank among the 20 most violent in the world
This is an international report that was published recently. At this source link you‘ll see some interesting charts and statistics. South Africa was never like this under Apartheid.