Some news reports have started to emerge indicating that China may discourage bitcoin mining operations in the country by curbing their access to electricity. The move, however, may not affect all miners as the People’s Bank of China has only laid down a plan affecting a small subset of all mining companies in a meeting held on January 3, 2018. Part of the plan also involves keeping track of the electricity consumed by such large-scale operations and debating whether they are unfairly affecting power prices in the areas around them. An official in the Xinjiang province told the Wall Street Journal that the Chinese government had sent notices to local agencies and that he would be doing “what the country wants.”
Article: https://www.ccn.com/cryptocurrency-miners-may-move-out-of-china-following-government-crackdown/
Thanks for the info bro
You got a 1.78% upvote from @upmewhale courtesy of @wasimmkhan!
You got upvoted from @adriatik bot! Thank you to you for using our service. We really hope this will hope to promote your quality content!
You got a 2.33% upvote from @upyou thanks to @wasimmkhan!
You got a 4.46% upvote from @minnowvotes thanks to @wasimmkhan!
This post has received a 15.38 % upvote from @moneymatchgaming thanks to: @wasimmkhan. Upvote this Post to Support the MMG Community on Steemit! :)
This post has received a 2.70% upvote from @lovejuice thanks to @wasimmkhan. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
You got a 0.86% upvote from @upme requested by: @wasimmkhan.
Send at least 2.5 SBD to @upme with a post link in the memo field to receive upvote next round.
To support our activity, please vote for my master @suggeelson, as a STEEM Witness
Nice post bro !!
I followed you and would appreciate a follow back. I'm looking forward to see more posts! Have a great day and have fun. Welcome!
Please upvote, comment, resteem and follow @imtiyaz4u
get back to back in touch for upvote