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Overseas Mines Are Witnessing A New Round Of “Gold Rush” While Domestic Mine Policies Are Tightening

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4 years ago

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Domestic policies are getting tighter, sparking waves

On May 18, China Internet Finance Association and two other associations jointly issued “Announcement on the Prevention of Virtual Currency Transactions Speculation Risk”, underscoring the virtual currency transactions speculation risk, implying that virtual currency transactions are illegal in financial activities, and financial institutions and payment agencies should not provide support and services for virtual transactions.

On May 21, Vice Premier of the State Council, Liu He presided over the fifty-first meeting of the Financial Stability and Development Commission of the State Council to study the next phase of financial. The meeting emphasized cracking down on Bitcoin mining and trading practices, and was determined to prevent individual risks from passing on to the society.

With the continuous modification of regulatory policies, domestic mining operators will face a sudden decline in business volume, shortage of funds and other challenges, as the future of mining looks bleak. The stance of the Financial Stability and Development Commission of the State Council on tightening virtual currency mining regulation is due to financial risks and concerns about energy consumption from mining.

Inner Mongolia takes the lead in response

Inner Mongolia became the first place to issue a policy to “crack down on the mining of virtual coins” after the Financial Stability and Development Commission of the State Council stepped up regulation of virtual coins. On May 25, the Inner Mongolia Development and Reform Commission announced eight measures to strengthen the crackdown on virtual coin mining. It not only referred to that industrial parks, data centers, self-owned power plants, internet enterprises, internet cafes and other participants in mining activities will be held responsible according to relevant laws and regulations, but also the related enterprises and personnel of virtual currency mining activities will be blacklisted for discrepancies according to relevant provisions.

Not only that, the individuals involved are equally treated, and the draft notes, public officials, who take advantage of their posts, participate in virtual coin “mining” or provide it with convenience and protection, now come under the scanner.

Whether Sichuan will be the last “resort” is debatable

After the Inner Mongolia article, the mining circle is also waiting to see whether Sichuan will follow the same path. On June 2, Sichuan held a virtual coin “mining” related situation symposium. Many industry insiders said that this meeting is only a research meeting, not decision-making meeting, and its impact on the industry is limited without the changes in the policy. So, it is not clear whether Sichuan will tighten regulations too.

There’s a big difference between hydropower and thermal power mining, and Sichuan already has a lot of abandoned power during the abundant water season, and mining is the most efficient way to use it because it doesn’t require electricity to be transferred, so simply moving the mine to a power-generating location can convert it directly into revenue. Therefore, if Sichuan and Yunnan consider abandoned water consumption factors, in the abundant water period the abandoned electricity can be used for mining, the domestic may still retain some mines. This is the reason why some miners are still waiting.

Opportunities and challenges of “gold rush” overseas

Mining is essentially a manufacturing process for digital currency assets. Given the uncertainty of domestic policy, if there is policy support in North America and other countries, and electricity is cheap and infrastructure is mature, it is a better choice to deploy mines overseas.

Opportunities are often accompanied by challenges, says Liu Changyong, director of the Blockchain Economic Research Center of Chongqing Technology and Business University, where the mines will first consider low electricity prices. In 2018 and 2019, Iran’s electricity prices were very low, but policy was unstable, and some of the mines were even confiscated directly by the government after they were transferred. “It was only later that people discovered that the policy environment was also important. Now it is mainly transferred to the slightly remote places of developed countries, such as Canada and northern Europe, with low electricity prices and relatively stable and friendly policies, and moreover, low temperatures are beneficial for machine cooling.”

Planning ahead, BTC has already started overseas layout

In fact, as early as in April this year, Ms. Meng Xiaoni, vice president of BTCM and chief executive of BTC.COM, expressed her views about the mining “change”. The restructuring of the global energy sector, she argues, is a global revolution that began in 2014, and by 2020, at the 75th UN General Assembly, China’s goal of carbon neutralization has given a crucial signal of huge Chinese capacity, China’s market and Chinese demand, and calls for a more environmentally friendly approach. This is bound to provide great leadership for the global economic industry, but also has a strong butterfly effect, in the future there will be more countries to join the construction group, leading to global economic change.

To this, BTC also lays out overseas early. Moreover, there are frequent actions taken recently!

On May 19, BTCM announced a legally binding investment agreement with Dory Creek, a wholly-owned unit of BitDeer, to jointly invest in an encrypted digital currency mine in Texas. BTCM plans to invest a total of US $25.74 million.

On May 24, BTCM announced that it would set up a mine in Kazakhstan, with a total investment of RMB 60 million, to build and operate a 100-megawatt mine with a Kazakh company. When the mine is completed, the company will hold an 80% stake in the Kazakhstan mine, with a 20% stake in the partner.

BTCM has been advocating low-carbon and environmentally friendly mining. Clean and low-carbon energy accounts for more than 98% of the company’s own mine energy mix after the Texas mine was completed. In the future, BTCM will continue to actively implement the goal of “carbon neutralization” and actively seek more high-quality mineral resources overseas!

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Blenix Chain Announces Upcoming Presale for BLX Token, Ushering in a New Era of Real-World Blockchain Utility

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1 hour ago

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April 30, 2025

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Newbury, England, 30th April 2025, ZEX PR WIRE,  In a move set to redefine how blockchain connects with the real economy, Blenix Chain has officially announced the upcoming presale of its native token, BLX. Positioned at the intersection of innovation, sustainability, and practical business applications, Blenix Chain is gearing up to launch one of the most anticipated blockchain projects of the year.

Designed to power a new generation of decentralized solutions, Blenix Chain introduces a robust infrastructure tailored for industries like real estate, supply chains, and asset tokenization. With real-world use cases at its core, Blenix Chain is not just another blockchain — it’s a movement toward practical and responsible adoption.

“Blenix Chain is engineered for real-world transformation,” said a spokesperson for Blenix Technology. “The BLX Token will be the lifeblood of an ecosystem where blockchain isn’t just theoretical — it’s tangible, sustainable, and impactful.”

BLX Token Presale: What to Expect

The upcoming BLX Token presale offers early supporters an opportunity to participate in the foundation of the Blenix ecosystem. Key highlights include:

  • Limited Allocation: A strategic portion of BLX tokens will be available at preferential rates during the presale phase.

  • Utility-Driven: BLX will fuel network transactions, governance, staking, and ecosystem rewards.

  • Incentives for Early Adopters: Participants in the presale will be eligible for exclusive benefits, including bonus allocations, staking multipliers, and priority access to ecosystem launches.

Full presale details, including participation guidelines, allocation sizes, and eligibility criteria, will be unveiled in the coming days on the official website: blenixchain.io.

Why Blenix Chain?

At a time when the blockchain industry is seeking deeper relevance beyond speculative trading, Blenix Chain stands out by focusing on utility, compliance, and scalability. Its architecture enables low-cost, high-speed transactions while maintaining the flexibility needed for customized business applications.

Blenix Chain also reinforces its commitment to responsible innovation by integrating sustainability frameworks and fostering partnerships that align with its mission of real-world impact.

About Blenix Chain

Blenix Chain is a next-generation blockchain ecosystem built for real-world business applications. Powered by the BLX Token, Blenix Chain offers scalable, efficient, and sustainable blockchain solutions across industries, helping bridge the gap between technology and tangible economic value.

Follow Blenix Chain’s journey:

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Press Release

The Rise of Funded Trading Accounts: How Supertrade is Leading the Shift Away from Retail Trading Models

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2 hours ago

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April 30, 2025

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Structural changes in the global trading landscape. As retail traders find it increasingly difficult to participate in the world of trading, the world of trading is undergoing a structural shift. Leading the charge is Supertrade – the next-generation prop trading platform that provides a profitable, sustainable solution away from ‘traditional’ retail models.

The retail trader has for years struggled with limited capital and extreme market volatility, not to mention a stark absence of institutional support. Traditional brokers offer not much more than plain execution, and that is simply not enough protection and support for individuals. It’s a landscape that has made growth consistent with the accounts hard, and survival even harder. 

Now, a better solution has emerged. Funded trading accounts are rapidly gaining traction, and Supertrade trading is leading this new wave with a comprehensive and accessible approach to professional trading.

While the retail scheme has traders funding their own accounts and accepting full risk responsibility, prop trading turns the equation on its head. They provide access to significant trading capital and offer exclusive risk management rules to traders (unlike retail trading accounts). This allows traders to only focus on their execution and performance.

The Supertrade platform offers two core funding routes, catering to different levels of experience and readiness

  • Instant Funding: For traders ready to begin immediately, with access to up to $100,000 in real capital without evaluation.
  • 2-Phase Challenge: A structured path to prove consistency and earn even larger allocations. 

Upon funding, traders benefit from:

  • Up to $100K in starting capital.
  • Profit splits of up to 80%.
  • Leverage up to 1:100 on Forex, 1:50 on indices, metals, and oil, 1:2 on crypto.
  • Clearly defined drawdown rules: 5% daily, 10% total.
  • Access to a wide range of markets, including Forex, crypto, oil, indices, etc. 
  • Transparent Supertrade pricing – with no hidden charges or maintenance fees.

Supertrade is, at heart, more than just a prop firm – it’s an all-inclusive ecosystem designed from the ground up by traders, for traders. The exclusive Supertrade terminal platform is built for accuracy with live pricing, ultra-rapid execution, and unlimited control. 

Beyond the tech stack, traders are supported with:

  • The Supertrade Academy – A dedicated learning hub with courses on risk, strategy, and challenge preparation.
  • An in-depth analytics centre and regularly updated blog, with insights from top-performing prop trading professionals.
  • 24/7 live support – Genuine assistance available at all times.

In addition, traders can benefit from Supertrade’s official page on TradingView, where in-house experts publish fresh trading ideas daily. Each post features detailed market analysis, annotated chart screenshots, and clearly defined trade setups across the most popular assets like Gold (XAUUSD), Bitcoin (BTCUSD), EUR/USD, and more. For example, traders can find real-time insights on potential breakout points, key support and resistance levels, and trend continuation scenarios. 

This structure ensures that both new and experienced traders are fully equipped not just to trade, but to grow.

About the Company — Supertrade

Supertrade is a global proprietary trading platform designed to empower traders with access to substantial capital. Built by an experienced team of trading professionals, each with over five years of expertise in the industry, Supertrade combines transparent funding models, robust risk management, and comprehensive educational resources. Supertrade operates under a legal framework, ensuring compliance and security for its users across multiple regions.

For further details, visit the following link: Website || X || Linktree

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Press Release

CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

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2 hours ago

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April 30, 2025

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CAI Community, founded by Alaric Bennett, launches new interactive tools designed to elevate investment education. These features provide hands-on learning experiences, enabling investors to refine strategies and apply real-world market insights to optimize their investment decisions.

CAI Community, the premier investment education platform founded by renowned hedge fund expert Alaric Bennett, is proud to announce the launch of new interactive learning tools aimed at enhancing the educational experience for investors. The newly introduced tools offer hands-on, practical learning opportunities that empower users to build strategies, analyze market trends, and gain deeper insights into investing techniques.

CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

The expansion of CAI Community’s educational features is part of the platform’s ongoing mission to provide comprehensive, accessible, and actionable investment education. The new learning tools are designed to bridge the gap between theory and practice, allowing investors to apply concepts in real-world scenarios and develop their own personalized strategies.

“We believe that true investment mastery comes from understanding the markets and applying knowledge in a practical way,” said Alaric Bennett, Founder of CAI Community. “These new interactive tools allow investors to gain real-world experience, helping them become more confident and capable in managing their own portfolios.”

Key Features of the New Interactive Learning Tools:

Strategy Simulations: Users can build and test their own investment strategies in a risk-free environment, learning how to analyze market trends and make informed decisions.

Market Analysis Exercises: Interactive exercises provide users with the chance to study market data and make decisions based on live scenarios, helping them develop critical thinking skills for investment success.

Customizable Learning Paths: Investors can tailor their learning experience based on their goals, preferences, and knowledge level, ensuring that each user gets the most out of their education.

Real-World Case Studies: The platform features a library of case studies based on successful (and unsuccessful) real-world investments, allowing users to understand the challenges and rewards of different investment approaches.

These new features are designed to cater to both beginner and advanced investors, offering engaging educational content that can be applied directly to their investment strategies. Whether users are learning how to read market indicators or designing their first portfolio, the interactive tools provide practical insights that help them grow their financial knowledge.

CAI Community’s expansion also includes new investment workshops and expert-led webinars that complement the interactive tools, giving users direct access to industry professionals and a deeper understanding of financial markets.

“Our goal is to create an environment where investors can not only learn from experts but also experience the decision-making process firsthand,” said Bennett. “This approach gives them the confidence to make smarter investment choices in real-world situations.”

For more information on how CAI Community’s new interactive learning tools can help you master investment strategies, visit CAI Community.

About CAI Community CAI Community, founded by Alaric Bennett, is an investment education platform that offers personalized strategies and hands-on learning tools to empower investors. With a range of resources including simulations, expert-led workshops, and real-world case studies, CAI Community equips investors with the knowledge and experience needed to succeed in financial markets.

Media Contact

Organization: CAI Community

Contact Person: Joshua Perry

Website: https://thecaicommunity.com

Email: Send Email

Country:United States

Release id:27065

Disclaimer: The information provided by CAI Community is for educational purposes only and does not constitute financial, investment, or trading advice. CAI Community is not a registered investment advisor, broker-dealer, or financial institution. All content, including strategy simulations, market analysis exercises, case studies, and webinars, is intended to support learning and does not guarantee any specific investment outcome. Users are solely responsible for their investment decisions and should consult with a qualified financial advisor before making any financial commitments. Past performance referenced in case studies or examples is not indicative of future results. Use of the CAI Community platform is subject to the platform’s terms and conditions.

View source version on King Newswire:
CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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