China BAN BTC?

Discussion • Discussion • andersonmary13 • Posted 2017-09-27 12:50:15 • Reply by eavp at 2017-09-27 16:36:38 • Read 937 times

Recently i received a email of another Cloud Mining, about a possibility of China Banning the BTC. The equipments of HashNest is suitable in China? If yes, any possibility of mining ending?

below, the email:

"As you may have heard in the news over the last few weeks, China has implemented bans on ICOs (initial coin offerings) and now Bitcoin and other cryptocurrency trading. It is unclear if they are going to ban Bitcoin mining.

Eobot currently runs the majority of our Bitcoin mining in China. Depending on if, and how, they ban Bitcoin Mining (for example, they may let us ship the hardware out of the country to continue mining), Eobot may be forced to terminate Cloud Mining/GHS contracts early.

We hope this doesn't happen, but we are announcing this to our users to be fully transparent and allow the option to trade and sell their GHS early and before a China ban becomes a reality."

Received a total of 1 Replies
eavp • #1 • 2017-09-27 16:36:38

China  bans only ICOs (initial coin offerings), everything else is fiction.

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