Two reasons for this could be the devaluation of the Yuan and troubled times ahead for this fiat currency, coupled with reports that after a recent mining conference in China, miners are getting close to an agreement on scalability. (bit-media.org)
China's Bitcoin Miners See Profit in a Bigger - Block Blockchain A recent mining conference hosted by Bitmain highlighted hot topics such as scaling bitcoin and the bitcoin block size. (blog.blockchain.com)
He will present the work at the Web Search and Data Mining conference in Seattle next month. (newscientist.com)