CHINA

US President Donald Trump, pictured in June 2019 with China's President Xi Jinping, announced he will sign a partial US-China trade deal in January 2020

US-China 'Phase One' Trade Deal To Be Signed January 15

Washington and Beijing earlier this month announced a "Phase One" trade deal, de-escalating their nearly two-year trade war as Trump reduced or canceled some tariffs while Beijing promised to adopt trade reforms and buy more US farm exports.
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In this file photo taken on March 19, 2018 two technicians inspect bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec

China Bitcoin Miners Forced To Scale Down Over Electricity Shortage In Southwest China

It is no surprise that Bitcoin (BTC) miners compete with each other to get a single Bitcoin in circulation and that they also require the help of supercomputers to work out the complex math problems that unlock a new BTC. This computing power consumes extortionate amounts of electricity, and the Chinese are well-aware of this, which is why they are forcing miners to scale down their operations.

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