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1  Bitcoin / Bitcoin Discussion / Re: China mining machinery investment on: November 23, 2020, 03:38:04 PM
You have great information asymmetry on China's bitcoin market. All mining machines and mines in China are not invested by the Chinese government. They are all individual and enterprise behaviors. It's free.
How come? Do the chinese government knows about this? The china is a communist country and everything that owns by their people especially if it is a property or an asset means that it is also own by their government. I am not sure though but when we say about bitcoin mining farm then it is huge and that should not be own by an individual instead it is from the government just like @Lorence said. Anyway, if you really wanted to attest all your claims are true then put a link to an article that migh help you to support your claim.

Because I started mining in 2013, I was the first group of people to mine in China. I was also a native Chinese. I have a very clear understanding of China's policies. I am a lover of bitcoin and a loyal practitioner. In order to be more decentralized, I am a lover of bitcoin, It's just that bit's computing power is too concentrated now. China's electronic industry and manufacturing industry are developing very well, and people are very diligent. They have nothing to do with the government. They all rely on the wisdom of the people themselves. I think this is the same as most countries,

2  Bitcoin / Bitcoin Discussion / Re: China mining machinery investment on: November 23, 2020, 08:48:01 AM
That will not be possible, as far as I know, Chinese bitcoin farms are state sponsored which means that individual investments is not an option, there is also that investment exclusivity in Chinese soil where you are not allowed if you are not a citizen and the market is closed off to only mainland citizens. I want to invest in one but most have the problem with the power costs which ates up most of the profits for miners, that will be an old wives tale very soon as mines are getting closer to power sources and most are converting to cheap renewables which could drastically profit many investors and the miners themselves.

You have great information asymmetry on China's bitcoin market. All mining machines and mines in China are not invested by the Chinese government. They are all individual and enterprise behaviors. It's free.

3  Bitcoin / Bitcoin Discussion / Re: China mining machinery investment on: November 23, 2020, 02:25:49 AM
 Shocked Shocked Shocked :oNo one cares about that anymore

4  Bitcoin / Bitcoin Discussion / China mining machinery investment on: November 22, 2020, 03:03:37 PM
BTC

As we all know, China's low-cost telephone and perfect electronic manufacturing industry account for more than 95% of China's computing power today


How many people are willing to invest and purchase Chinese mines and mining machines through the token fund of BTC mining machinery?


We are trying to decentralize China's computing power base in a way that makes the whole bit system more decentralized,
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [CAKE] [SCRYPT] Officially Launching May 15th | IPO with Escrow on: May 07, 2014, 07:21:41 PM
waiting for this coin, interesting.


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