The inside story of one of China’s last bitcoin mining tycoons
NY Post
A Chinese crypto mogul who says he was once responsible for nearly 10 percent of all bitcoin mining in the world is opening up about how China’s crackdown has decimated his business.
A 40-year-old businessman named Liu Weiman, who spoke to news Web site Caixin (paywall) under a pseudonym, operated more than 10 bitcoin farms in China’s Sichuan province that would mine 70 to 80 bitcoins per day during peak seasons. About 900 new bitcoins are issued each day globally, meaning Liu was responsible for up to 8 to 9 percent of all bitcoins being mined, according to Caixin.
It was a flashback to NYC in the 1990s.
The killing of Iran’s tyrannical Supreme Leader Ali Khamenei on Saturday in an unprecedented joint military attack by the US and Israel called Operation Epic Fury set off widespread celebrations from Iranians around the world — as President Trump said it would give them their “greatest chance” to “take back the country.” Meanwhile, in Iran, a lack of internet has made it impossible for Iranians to easily communicate daily conditions. Over a period of three days, with limited VPN connection, an eyewitness currently in Tehran — who, for her safety, is concealing her identity — shared her account of life under a country in the midst of battle with The Post’s Natasha Pearlman.
After exactly 120 years, the curtain has fallen on the Theater District institution Barbetta, with the iconic Italian restaurant having served its final course Friday night.