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A corrupt Chinese official was prosecuted and investigated for supporting companies in cryptocurrency mining. The case offered some clues on what prompted China’s ban on crypto mining.

A corrupt Chinese official was prosecuted and investigated for supporting companies in cryptocurrency mining. The case offered some clues on what prompted China’s ban on crypto mining.



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2 Comments

  1. tldr; A corrupt Chinese official was prosecuted and investigated for supporting companies in cryptocurrency mining. The case offered some clues on what prompted China’s ban on crypto mining. Three days after the prosecution, the Chinese government plans to launch another sweeping crackdown on large-scale mining operations.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. China banning mining has more to do with the fact that people go without electricity there because they don’t have enough. Nothing to do with Bitcoin fud.
    Even now, Parts of China only get electricity for a few hours per day.

    This is what happens when you bend over for the white man and try go green. They were fine burning coal, and it won’t be long till they say FUCK IT and get back to burning more coal.

    Saving the world isn’t as important as saving its people. Cutting electricity on your people just to show that you’re a greener country in the charts is absolutely fucked.

What do you think?

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