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Title: new china try of ban: reality or fud? Post by: babo on November 14, 2017, 01:19:23 PM https://cointelegraph.com/news/breaking-china-may-cut-off-cheap-power-to-bitcoin-miners
Apparently, the general anti-Bitcoin stance of the Chinese government continues, with reports that the cheap hydroelectric power being used by the largest Chinese Bitcoin mining facilities may soon be a thing of the past, according to local media. The statement regarding the cessation of cheap mining electricity indicates that the Sichuan Electric Power Company has issued a circular indicating that it will no longer provide the necessary power from its grid-connected hydropower stations. The circular suggests that Bitcoin mining is ‘illegal operation.’ The circular has yet to be confirmed. |