article thumbnail

Crypto’s Slow Motion Gold Rush

Cars That Think

When Chinese authorities cracked down on cryptocurrency mining in May, earnings soared for miners in other countries. But in May Chinese regulators banned the practice over concerns about mining's excessive energy consumption and perceived threats to financial stability. In a matter of weeks, all that mining capacity went offline.

Chinese 101
article thumbnail

China and the Electric Car | Autos | Smart Spending | Mainstreet

Tony Karrer Delicious EVdriven

In addition, Nissan (Stock Quote: NSANY ) and its French partner Renault signed an agreement with the Chinese government to develop electric cars and a network of battery charging stations in Wuhan, China. automakers in their own market. automakers in their own market. Although thundering trucks and SUVs still crowd U.S.

Auto 30