Blockheads: Mining and the curious case of the digital yuan

Last week was a busy week in China’s blockchain world, particularly in cryptocurrency mining circles. The Battle of Bitmain drags on, while the government of Inner Mongolia is cracking down on the local mining industry. At the end of the week, the digital yuan made an appearance on a banking app, then mysteriously disappeared.BlockchainheadlinesThe world of blockchain moves fast, and nowhere does it move faster than China. Here’s what you need to know about China’s block-world for the week of August 24-30.The curious case of the digital yuanChina Construction Bank, one of China’s “big four,” o…

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