It doesn't look like they're cracking down on mining... there's no visible or tangible signs yet. Rumours around Bitmain setting up data centers in Europe and Canada have emerged, but nothing tangible.
The chinese website Alibaba.com is still listing miners for sale, so I'd take any news you read with a pinch of salt
check
https://www.alibaba.com/showroom/s9-antminer.htmlYeah, fair point. It is just strange that many big media sources as Bloomberg and CNN published some articles.
but don't u think that the last decrase in BTC value could be caused by these news ?
Reality check here.
You're trusting stuff CNN publishes?
ROFLMAOSC!!!!!!!
I second that over and over again ... I can't remember if it was a CNN money show or MSNBC money show, but the host was actually teaching people how to buy xrp on national television. Not how to enter the crypto market ... Not giving any advice that should be taken seriously, but teaching people specifially how to buy xrp. Lol ... It's nuts.
People have been saying that quite possibly the host of that show had bought into xrp and was just trying to pump it. That may very well be true and he should be fired, if that was the case. It also could be that he's just another newsie that knows nothing about crypto and thinks it's cool to report on it. Who really knows what the motiviation was, but how ever you look at it ... It's bad for business and it's bad for this market.
The general public who knows next to nothing about this market sees that and thinks "Oh XRP must be a really good investment, since Mr. CNN or MSNBC (Or Insert Whatever Major Media Outlet Here) Money is teaching us how to buy it" ...
