David Pan

David Pan

David Pan was a news reporter at CoinDesk. He previously worked at Fund Intelligence, and interned at the Money Desk of USA Today and the Wall Street Journal. He does not hold investments in cryptocurrency.

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Crypto mining machines. (lmstockwork/Shutterstock)
Chinese Agency Reinstates Goal to Phase Out Crypto Mining Industry
The move comes almost two years after the agency quietly removed crypto mining from the list of industries to be eliminated.
Crypto mining machines. (lmstockwork/Shutterstock)
China flag blowing in the wind.
Crypto WeChat Groups Suspended by Organizers Amid China’s Crackdown
The community organizers are encouraging members to move to other social media platforms such as Telegram and Discord.
China flag blowing in the wind.
Bitmain AntMiner S3
Leading Crypto Mining Machine Maker Bitmain Said to Halt Sales in China
Beijing-based Bitmain will also move most of its production out of southern China and into other countries in response to the latest government crackdown, sources said.
Bitmain AntMiner S3
Cables inside a draw housing graphics processing units (GPU) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2020. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg
Chinese Ethereum Mining Pool BeePool to Shut Down Following Crackdown
The firm’s move came just after SparkPool, another top Chinese Ethereum mining pool, announced it was suspending operations.
Cables inside a draw housing graphics processing units (GPU) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2020. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg
Bitcoin mining machines
Chinese Ethereum Mining Pool SparkPool to Halt All Services Due to Crackdown
The world’s second-largest Ethereum mining pool initially had stopped providing services to new Chinese users, but has expanded its suspension to all users.
Bitcoin mining machines
An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)
Want to Build a Bitcoin Mining Rig? Compass Mining Now Sells Single ASICs.
Single application-specific integrated circuit (ASIC) bitcoin mining rigs can now be purchased individually, rather than in bulk.
An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)
Data Center Server Room Bitcoin Mining
Bitcoin Miner Profits Remain High Despite Surges in Mining Difficulty
Today’s 4.5% increase is the fourth consecutive upward difficulty adjustment. But it’s slowing.
Data Center Server Room Bitcoin Mining
Inside Bitmain Technologies Ltd.'s Bitcoin Mine
Bitcoin Miners Hold Onto Rigs, Betting the Bull Run Will Continue
Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.
Inside Bitmain Technologies Ltd.'s Bitcoin Mine
Máquinas de minería de bitcoin
Mineros de Ethereum hacen una apuesta multimillonaria por el retraso de las actualizaciones
Los principales fabricantes de equipamiento minero, como Bitmain, están construyendo herramientas más especializadas para la minería de Ethereum.
Máquinas de minería de bitcoin
Bitcoin mining machines
Ethereum Miners Make Multimillion-Dollar Bet on Upgrade Delay
Major mining machine makers like Bitmain are building more specialized machines for Ethereum mining.
Bitcoin mining machines