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News: Official Chinese Position Regarding Bitcoin Mining. In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that the local government of Xinjiang province has mandated an “orderly exit” of its bitcoin mining industry. IBM, Comcast Back New Blockchain Startup Fund. Tech giant IBM and the venture arm of telecoms conglomerate Comcast are backing an investment fund focused on scaling early stage startups that help enterprises use blockchain technology. Dogecoin Market Cap Hits $1 Billion, to Its Creator's Dismay. Dogecoin, the parody coin named for an internet meme featuring a Shiba Inu dog, has broken off the leash. Interesting Video of the Day: Crypto Tips: How to Easily Secure Your Favorite Cryptos with the Ledger Nano S https:/