" />

* Registeration

It looks you are not registered yet. You must register first to post new threads and replies

Why Beijing forbid digging Bitcoin? Author Topic: Why Beijing forbid digging Bitcoin?  (Read 22455 times)

Offline uzair

  • Jr. Member
  • **
  • Posts: 67
  • Karma: +0/-0
    • View Profile
Why Beijing forbid digging Bitcoin?
Why Beijing forbid digging Bitcoin?
« on: August 29, 2018, 08:11:02 PM »
The energy used by Bitcoin machines last year was higher than the electricity consumed by nearly 160 countries. As a result, China has banned the exploitation of Bitcoin because of concerns over excessive energy consumption and the financial risks that digital money brings.

Offline YJKJ

  • Newbie
  • *
  • Posts: 4
  • Karma: +0/-0
    • View Profile
Why Beijing forbid digging Bitcoin?
Re: Why Beijing forbid digging Bitcoin?
« Reply #1 on: November 16, 2018, 05:28:23 AM »
 :oNo, China's bitcoin mining scale is much larger than you think. It is distributed in Sichuan, Yunnan, Guizhou, Inner Mongolia, Xinjiang, etc. Sichuan is a paradise for bitcoin mining because they have very rich water and electricity resources.


Share via facebook Share via pinterest Share via reddit Share via stumble Share via twitter

exclamation
Bitcoin Price Predictions For 2020 - Is It True Bitcoin will reach 500,000$

Started by Crypto on Bitcoin-BTC

4 Replies
189790 Views
Last post January 27, 2018, 09:42:04 PM
by Crypto
xx
Bitcoin up, altcoins down; bitcoin down, altcoins sink. What's the point of keep

Started by parishy on Bitcoin-BTC

0 Replies
19453 Views
Last post July 02, 2018, 04:05:05 PM
by parishy
xx
i want to know more about bitcoin !!

Started by uzair on Bitcoin-BTC

0 Replies
22424 Views
Last post August 30, 2018, 09:30:38 AM
by uzair
xx
Bitcoin - HYIP?

Started by parishy on Bitcoin-BTC

1 Replies
16021 Views
Last post July 15, 2018, 02:11:25 AM
by ambar33n