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Topic: [2019-04-10]China Bans Bitcoin & Cryptocurrency Mining (Read 124 times)

legendary
Activity: 3430
Merit: 3080
well, this is only the millionth time this "news" has been broadcast


@Vladdirescu87

yet again, please stop posting this moronic "news items"
sr. member
Activity: 966
Merit: 264
The People’s Republic of China, the world’s largest market for computer hardware created to mine Bitcoin (BTC), has totally banned crypto mining in the country in order to stop the growing pressure on government from the cryptocurrency industry. No time limit for the ban has been set.

The National Dept. and Reform Commission of China (NDRC) – a body responsible for overseeing the country’s economy – revealed in a document on Monday that it wants cryptocurrency mining stopped with immediate effect since the activity “seriously wastes resources.”

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/china-bans-bitcoin/

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