Distributed database that is used to maintain a continuously growing list of records, called blocks.
ChinaFile provided photos from big chinese cryptocurrency mining farm. Photographer Liu Xingzhe traveled to Sichuan’s Ngawa (Aba) Tibetan and Qiang Autonomous Prefecture to take these pictures.
First decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen
China and whole Asia is well known in cryptocurrency community. Blockchain technologies and especially "digital money" are very popular here.
Bitcoin mining is very popular in China because of cheap electricity and inexpensive labor.