Quote from: serantepe on October 01, 2019, 02:35:53 PM

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Quote from: esofelap on September 30, 2019, 06:58:29 AM

Quote from: Crypto_hive on September 29, 2019, 10:11:29 PM

Quote from: esofelap on September 28, 2019, 01:15:30 PM

Quote from: ECOS_CloudMining on September 28, 2019, 11:20:04 AM

Hello. China wants to eliminate the cryptocurrency mining in the country. It always used to be home for the world's largest cryptocurrency mining farms due to cheap electricity. But now the government has decided to clear the mining business all over the country and started with Mongolia.
The new regulation may impact not only the mining farms but also the mining equipment manufacturers, which may cause deficit in mining facilities and mining equipment in the market. So our advise is to start mining now until the deficit arised and mining contract prices increased. A cloud mining service called ECOS is the best solution for you as its mining farm is situated in the Free Economic Zone in Armenia with low electricity rates and high profitabiity indicators. So you can join the platform right now and get ready for the bullrun. Stay with us!

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China is a very strange country: today they forbid cryptocurrency, but tomorrow, they are already building huge mining farms.

But is China today not a leader in terms of capacity? And yes, if I'm not mistaken, the mining farms is still in China. Or am I missing something?

You are right. The main thing that China has huge capacity which is capable of building the most powerful mining farm in the world.

I heard that a large mining farm burned out in China - equipment was destroyed by $ 10 million. Against this background, the Bitcoin network hashrate plummeted by 5%.

I have not heard of such information. Maybe you share a link to this resource so that I read the whole article?

You can use google to find information. I read it on Twitter. Here is the link - https://twitter.com/NanoBank/status/1179435216324169729. If this is not a fake, I think the network has a lot of information about it.