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Illegal crypto-mining activity busted in China, 190 machines confiscated

March 10, 2022
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
- Crypto miners carrying out work illegally in China have been detained by police - Machines worth 5 million yuan has been taken away from the miners - A closed-door location was busted by the police in the province of Guangdong The Guangdong region’s Development and Reform Commission has supposedly busted an unlawful crypto mining ranch covertly working in an electric vehicle charging station. The mystery crypto mining ranch was busted in the city of Guangzhou, where regulation authorization offices have continually been making assessments around urban communities to uphold and destroy any type of mining activities in the area,...
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Tags: AMD | Beijing | bitcoin | blockchain | BTC | car | charging | China | chip | commission | crackdown | crypto | currency | development | distribution | electric vehicle | energy | fintech | government | GPU | Guangdong | Guangzhou | police | Renminbi | Yuan

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