Chinese authorities confiscate nearly 7,000 crypto mining machines

Chinese authorities confiscate nearly 7,000 crypto mining machines

Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households in the Kaiping District of Tangshan city. Since the ban of public cryptocurrencies in September 2017, Chinese authorities have been having strict vigilance on mining activities.

Tom A
Tom A
.....
..... 2 months

Confiscate and use for their own...

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