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Topic: Is the North Korean government engaging in bitcoin mining? - page 4. (Read 1251 times)

full member
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Merit: 100
Staker.network - POS Smart Contract ETH Token
there is big money in it. If north Korea can make big money from this why cannot they benefit from this as their economy is already down because of sanctions so they see bitcoin a big chance to earn notable money
USA cannot stop NK as it can only need internet connection so they can mine it at state level
full member
Activity: 231
Merit: 100
Staker.network - POS Smart Contract ETH Token
there is big money in it. If north Korea can make big money from this why cannot they benefit from this as their economy is already down because of sanctions so they see bitcoin a big chance to earn notable money
member
Activity: 126
Merit: 13
I think they are but again USA put so mutch pressure on them now i don't think they have much influence
hero member
Activity: 658
Merit: 505
Somehow I don't believe that NK government is involved in bitcoin. They are type of country who might ban the bitcoin, not use it. But even if they are doing that they will do it secretly but still US sanctions against them will not influence the price in negativne way.
full member
Activity: 231
Merit: 100
Staker.network - POS Smart Contract ETH Token
Information recently surfaced that someone in North Korea has started mining bitcoin. According to Recorded Future, a threat intelligence company, on May 17 North Korea initiated a rather large mining operation. Prior to this date, there was minimal bitcoin node activity in the country.
https://news.bitcoin.com/north-korea-begins-bitcoin-mining-operation/
Some people think that north korean governmnet engaging in bitcoin mining.
https://www.youtube.com/watch?v=VCBM51-bbc8
whats your opinion is it dangerous for Bitcoin or good as UN and USA have strong sanctions against NK.
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