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Bitcoin mining completely retired and miners finished?

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Bitcoin mining completely retired and miners finished?

2021 is a significant year. Bitcoin surpassed $ 60,000 in one fell swoop, leaving a new myth behind. Related cryptocurrencies such as Ethereum also continue to climb to the top and set new all-time highs. What is surprising is the family's attitude to pie-making!


On May 21 this year, the Financial Stability and Development Committee (Financial Commission) of the State Council held its 51st meeting and specifically proposed vigorously preventing and controlling financial risks, fighting Bitcoin mining and trading, and vigorously preventing the transfer of individual risks to others. social field.

The China Internet Finance Association, the China Banking Association and the China Payments and Settlements Association jointly issued an announcement to prevent the risk of speculation in virtual currency transactions, setting the tone for a virtual currency fix.

Inner Mongolia is also fully clearing and shutting down virtual currency mining projects and creating a corporate reporting platform for virtual currency mining. Supervision and reporting are encouraged.

On June 9, the Qinghai Provincial Department of Industry and Information Technology issued a "Notice of Clearing and Fixing Virtual Currency Mining Projects," requiring all regions to clean up and fix related virtual currency mining activities.

According to the latest media reports, the relevant departments of Sichuan Province recently issued a notice requiring power generating companies to conduct self-tests and self-corrections, immediately shut off power to the virtual currency mining project, and meet national cleanup requirements. without compromise, and will be removed by June 25th. Report the suspension situation.

According to media reports, relevant individuals from the Yunnan Energy Bureau have confirmed that, in accordance with the notification requirements, various energy departments have been organized to conduct joint inspections in a timely manner, and the bitcoin mining enterprises will be cleaned up and rectified by the end of June this year.

Sichuan is rich in clean energy and hydropower, but it still hasn't escaped the fate of retreat. It can be seen that in the future the whole country may gradually retreat. Where to go for the miners!

Local mines have now shifted their positions to establish mines from places where foreign energy resources are abundant and support bitcoin transactions. The journey is far away and miners don't worry about hosting. Mining is a stable asset allocation method. What should I do if I cannot mine Bitcoins?

Naturally, this is the currency translation and the choice of the currency that can be mined. Back in April this year, the China Police Network clearly indicated that the filecion blockchain project based on IPFS distributed storage technology is in line with the practice of providing Internet technology services, and the rights and interests of both parties will be protected by law. FIL: ipfscdz1.

The article also clearly states that many companies are cloud service companies and maintenance companies by name, but in reality they are purely trading companies. After commissioning technical service providers, they build independent subassemblies, pack and assemble, and mostly do sales work. Such companies will also use a variety of mechanisms to open branches in multiple locations to encourage and attract investment.

Simply put, it is a light asset sales company that has no technology or physical support for computer rooms. This type of company does not carry any burden. Therefore, many companies in the market can do everything and sell everything. BTC, ETH, FIL, CHIA, BZZ and so on are traded and one is better than the other. There is no problem with this power. A key company with such strength is still unknown in the market. No blockchain browser matching the token can enter the list. Think about it and understand that this is a problem!

Bitcoin mining has been completely eliminated domestically. Miners want to keep mining in order to make money. Choose a mining farm only abroad or upgrade to the only IPFS distributed storage token that can be mined in China!


Disclaimer: This article is excerpted from the media client News and does not represent views or positions

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