Quote from: stompix on Today at 12:16:05 PM

Quote from: Rtz007 on November 19, 2020, 06:57:49 PM

You could have translated that !!!!! I think we count on the fingers of two maybe three hands the numbers of people speaking Chinese around here.
For everyone wondering what's that image:
(of course raw translation with a bit of touching up)

Quote

Provincial (district, city), Inner Mongolia, Internet financial risk special work leading group office:

According to the relevant departments there are some "virtual currency" mining enterprises, which consume a large number of resources at the same time to promote the "virtual currency" hype. According to the National Financial Work Conference, on the prevention and control of risks, in order to reduce the outflow of fund, Internet finance special rectification work leading group related member units, decided that from November 27, 2020, all "virtual currency" mining enterprises in the province should be inspected and shut down immediately, and that the relevant network equipment should be cleared by December 30, in violation of the law.

Of course, it's an image with no source with no link where it was taken no confirmed news from etc etc etc.....et cetera
Take it with a ton of salt.

I'm not completely sure about that information yet. Just as you have said, there has been no further clarification or confirmation from the party who made the statement. Even so, China has received good results from previous mining results. So if it is true that the circular says there will be a mine closure, it will obviously have a big impact on the miners who have already incurred huge costs.