November 24, 2025 – In a development that has sent ripples through the global cryptocurrency ecosystem, reports emerging today confirm that China's share of the global Bitcoin (BTC) mining hashrate has quietly surged past 14%. This significant rebound positions China as the third-largest Bitcoin mining nation, a remarkable feat considering the comprehensive ban on cryptocurrency [...]
The global cryptocurrency landscape is witnessing a remarkable and unexpected development: the resurgence of Bitcoin (BTC) mining operations within China, a country that famously imposed a sweeping ban on all crypto-related activities in 2021. This quiet but significant comeback began gaining traction in late 2024 and has become increasingly pronounced throughout 2025, with China once [...]
The cryptocurrency market has been gripped by a significant downturn, with Bitcoin (BTC-USD) experiencing a dramatic sell-off leading up to mid-November 2025. This sharp correction, which saw the digital asset erase all its gains for the year and plummet nearly 30% from its early October peak, is sending ripples of
Addis Ababa, Ethiopia – November 8, 2025 – Phoenix Group (ADX: PHX), the Abu Dhabi-listed digital asset infrastructure operator, has officially energized a new 30-megawatt (MW) Bitcoin mining facility in Addis Ababa, Ethiopia. This significant expansion, announced on November 6-7, 2025, leverages Ethiopia's abundant hydropower resources, contributing an estimated 1.9 Exahashes
