Topic: Has China’s authority classified cryptocurrency mining? - page 2. (Read 613 times)
fixed your photo
China will only ban bitcoin mining when it becomes unprofitable for them. Otherwise, one way or another they will keep milking that cow as long as they can. They can't ban mining just because it pollutes the environment or wastes electricity etc...
The moment they come up with something else which'll create more jobs than their chip factories, they may abandon mining but I don't see that coming.
The moment they come up with something else which'll create more jobs than their chip factories, they may abandon mining but I don't see that coming.
There are different news incoming, on the one side we have "Wet Season" on the other side "China bans everything" and both cannot be true at the same time. It's either mining companies moving their gear into Sichuan OR the goverment driving them out of there.
So is somebody able to translate this chinese text? News source is https://news.8btc.com/china-says-it-wants-to-eliminate-crypto-mining
https://news.8btc.com/wp-content/uploads/2019/04/2-2.png
So is somebody able to translate this chinese text? News source is https://news.8btc.com/china-says-it-wants-to-eliminate-crypto-mining
https://news.8btc.com/wp-content/uploads/2019/04/2-2.png
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