Local Chinese government seeks to 'ban' crypto mining activities, sources say it doesn't mean much | Crypto Craft

  • Local Chinese government seeks to 'ban' crypto mining activities, sources say it doesn't mean much

    From theblockcrypto.com

    Local government authorities in China’s Sichuan province have issued a notice, seeking to “ban” crypto mining activities in the region. The notice, issued by the financial administrator of Sichuan to its subordinate offices, reads that “hydroelectric power generation enterprises in our county shall immediately stop the investment of virtual currency ‘mining’ activities and shall not add new virtual currency ‘mining’ projects.” “Otherwise, our bureau will recommend the county people's government to investigate and deal with illegal construction projects, take bans, fines, order self-demolition and ... (full story)

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TudorIoan
May 22, 2020 5:42am
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Crypto fundamentals are dead trapped in the trilemma. Now bitcoin remain just a tool of hate against the powerful, a tool for criminals, tax evaders, communists, terrorists... and their victims, fools !
Like the nuclear fusion, crypto is the future ...and it will always be !
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Not-KPMG
May 23, 2020 10:00am
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Fuckin sick liars scum journalism - and idiots too

Says there morons : ... shall immediately stop the investment of virtual currency ‘mining’ activities and shall not add new virtual currency ‘mining’ projects.”

Duhhhhhh

Stop INVESTMENT.

NOT MINING
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TudorIoan
May 22, 2020 5:33am
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Oups, 70% of bitcoin is mined by the Chinese
Great tactics to undermine the US dollar supremacy
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trumps
May 23, 2020 3:40pm
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Doesn't mean much?
It will mean a lot when it is banned.
Well not really, smart people won't notice.
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