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Daily Crunch: China considers Bitcoin mining ban

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1. Regulators in China are weighing a ban on Bitcoin mining
Cryptocurrency mining has become the latest target for the Chinese government seeking to phase out industries considered to be a drag on the country’s economy.
The National Development and Reform Commission, the top economic planning agency in the world’s largest market for bitcoin mining, released a list of sectors it plans to promote, restrict or eliminate. Crypto mining, the process of creating Bitcoin and other digital currencies through the use of computing power, was namechecked.
2. To cut down on spam, Twitter cuts the number of accounts you can follow per day
The idea with the new limit is that it helps prevent spammers from rapidly growing their networks by following then unfollowing Twitter accounts in a “bulk, aggressive or indiscriminate manner” — something that’s a violation of the Twitter Rules.
3. Apple could release a 31.6-inch 6K external display this year
Analyst Ming-Chi Kuo has released a new report about future Apple products.
Daily Crunch: China considers Bitcoin mining ban
(From left to right) David Liu, Chief Product Officer; Bernie Xiong, Chief Technology Officer and Co-Founder; Anita Ngai, Chief Revenue Officer; Eric Gnock Fah, Chief Operating Officer and Co-Founder; Ethan Lin, Chief Executive Officer and Co-Founder (PRNewsfoto/Klook)
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