Bitcoin miners are in the South of Mongolia will need to take extra care. According to the Chinese ChainNews want to be in the local regelmakers the mine to restrict. At the very least, there should be a clearer and more stringent rules are in place.
The board members would be the mining of bitcoin is called a pseudo financial innovation ” that has nothing to do with the real economy. And that’s not a good sign at all..
The first steps must be made within two months of the year are made. It is the growth of the industry in the region is limited.
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Bitcoin mining
Venture Airlines and Wan explains, in a series of tweets from what’s going on in the South of India. The region is an autonomous region in China, bordering Mongolia and Russia.
Not only do the bitcoin miners have to be careful, also, to the people, data centers, and companies involved with big data can now rely on a more stringent regulatory framework. According to Wan to do, a lot of companies have a different kind of IT company, as they are simply bitcoin is to mine it. Part of the reason that the rules for these types of businesses to apply for.
One thing to pay attention this time – it is mentioned, not just crypto mining, but also “cloud computing and big data, IDC and the data center, which are included in the same or a screening
Crypto-mining business to usually disguise as above “legit” business in the eyes of the Chinese regulators
— Airlines And Wan ? ? (@DoveyWan) On September 14, 2019
The future
Although in the South of Mongolia itself, the rules, look like this, measures should be taken to get China to follow suit. Bitcoin mining is very high in the region, most of the hashpower is coming from China and the surrounding areas.
But at the same time, China is not a country that is in the foreground in order to be happy, despite the fact that there is a lot of money is made by the Chinese. Bitcoin is also a way for people to get their money out of the country. Something that is through the traditional ways is very difficult for the average owner.
Moving
If the lines are really going in the wrong direction for bitcoin miners is to wait for the big move. Miners have to have two things: the cheapest hardware and cheap electricity. Now it seems to be the province of Sichuan, the best place in town, but that can change very quickly.
Some of the parties ahead of ourselves, and to move now to Iran.
Holds
China and bitcoin are crazy about marriage. You have to have mining companies that have a vast amount of money to earn, but at the same time, bitcoin is a threat to the policy of the country. Dealing in BTC, and the over-the-counter, trading has been good, but cryptobeurzen are not really appreciated.
China will also have its own cryptomunt. In other words, the bubbles in China. So the question is, which way will it go?
The new Bitcoin News on: Bitcoin, and the Lightning Network, as well as the measures taken by The Bank
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