18 November 2024

Howe Street Reporter Title

Tag: cryptomining

  • China’s strange love-hate relationship with blockchain

    China’s strange love-hate relationship with blockchain

    After the Great Data Rush of 2017, the blockchain sector is cooling.  Opportunistic companies like “Organic Blockchain Landscaping” and “Zesty Blockchain Pizza” are melting in the spring rain. Crypto-miner Hive (HIVE.V) has sunk from $4.71 on October 31, 2017 to $1.26, while Bitcoin fell from a high of $20,000 to under $7,000. China has played…