I am very sad by this news
SHANGHAI:HONGKONG
china's state planner wants to eliminate bitcoin mining In The country according to a draft list of industrial activities
The agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector. China is the world's largest market for computer hardware
designed to mine bitcoin and other crypto currency even though such activities previously fell under a regulatory grey area. It did not stipulate a date or plan for how to eliminate bitcoin mining,meaning that such activities should be phased out immediately.
Please present your views
Here valuable forum members
I don't think this will see the light of day.. It's one thing to ban ICOs and exchange but it's another to stop mining.. It's almost impossible to tell people what to use their processors and computing power for.. I don't see this having any effect on the crypto market