News
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Why are they mining out here in the US? Wouldn't it be much cheaper to mine in China?
Probably has something to do with the trade restrictions on certain chips.
I think I heard China is attempting to ban crypto mining farms from operating within mainland China, to try and conserve power there.
Isn't Bitcoin illegal in China?
Currently. It's gone back and forth a few times, with each 'ban" preceding large purchases by the Chinese government of cryptocurrencies.
But even if it is illegal in China, they can hold the money offshore and spend it as easily as anybody else.
Also, if you are politically connected or pay the government enough money and your behavior doesn't negatively affect the CCP, then things aren't actionably illegal in China.
Alright, give us a map of all your nuclear bases so we know where not to buy property