Any shady cloud mining sites go down recently? lol
Whats the connection of mining sites related into this news? Maybe you are referring that they are running a cloud mining?I don't think so and they don't really matter to build one and as we can see they are using old miners and as mentioned above its more sufficient in electricity since they are using old miners but they will still be facing violations on stealing electricity.
Indeed, shady cloud mining has nothing to do with miners! These chinese mining operators are really mining bitcoins but they are stealing electricity which is illegal like in everywhere. Shady cloud mining sites don't really have miners. They only try scam people and say they have miners, but they actually don't have any and just makes a ponzi.