Topic: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations - page 3. (Read 2096 times)
April 03, 2015, 09:06:32 AM
The U.S. government is shutting down localbitcoins with sting operations and now it's demanding U.S. based exchanges find out info on large mining operations. What's the next step, all U.S. ISPs must use promiscuous mode packet sniffers to identify Bitcoin nodes? Give them enough time and America can figure out a way to fuck up a wet dream.
April 03, 2015, 08:24:18 AM
Coinbase's compliance office is seeking to acquire operational information from bitcoin mining companies in a process that some of the sector's businesses are framing as an infringement on their trade secrets.
MegaBigPower (MBP) and Bitmain report that Coinbase has asked for detailed information regarding their mining facilities, requesting time-stamped photographs and videos of mining facilities and details about the origin of the hardware the companies operate.
READ HERE: http://www.coindesk.com/coinbase-seeks-details-us-bitcoin-mining/
MegaBigPower (MBP) and Bitmain report that Coinbase has asked for detailed information regarding their mining facilities, requesting time-stamped photographs and videos of mining facilities and details about the origin of the hardware the companies operate.
READ HERE: http://www.coindesk.com/coinbase-seeks-details-us-bitcoin-mining/
I don't know. Everytime I read sentences like :"The reason we ask for this information is for consumer protection."
my alarm bells start to ring.
April 02, 2015, 06:40:33 AM
Simplest solution I see is stop using CoinBase and shift to direct trading exchanges like www.LocalBitcoins.com or www.100bit.co.in.
+1
The more regulations try to hinder normal businesses, the more people will shift to these direct trading exchanges.
April 02, 2015, 06:37:23 AM
Simplest solution I see is stop using CoinBase and shift to direct trading exchanges like www.LocalBitcoins.com or www.100bit.co.in.
April 02, 2015, 06:33:13 AM
Coinbase's compliance office is seeking to acquire operational information from bitcoin mining companies in a process that some of the sector's businesses are framing as an infringement on their trade secrets.
MegaBigPower (MBP) and Bitmain report that Coinbase has asked for detailed information regarding their mining facilities, requesting time-stamped photographs and videos of mining facilities and details about the origin of the hardware the companies operate.
READ HERE: http://www.coindesk.com/coinbase-seeks-details-us-bitcoin-mining/
MegaBigPower (MBP) and Bitmain report that Coinbase has asked for detailed information regarding their mining facilities, requesting time-stamped photographs and videos of mining facilities and details about the origin of the hardware the companies operate.
READ HERE: http://www.coindesk.com/coinbase-seeks-details-us-bitcoin-mining/
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