Post
Topic
Board Mining
Re: Chinese police raid miner factories in its oil capital city, 1k+ miners seized
by
iamTom123
on 10/01/2017, 01:38:47 UTC
Legit?

Electricity theft - sounds plausible.
Electricity theft is an serious issue and they were greedy and dump enough to do so,with thousand plus miners they could have earned bitcoins well enough to cover the electricity charges,but greed got the better of them

Yes, so said that these miners resorted to illegal tapping of electricity so they can save more and churn out more profits. I think that mining in China for crytocurrencies is allowed but you have to follow their rules and regulations otherwise they will kill you lol. Smiley