Quote from: peter0425 on March 03, 2021, 06:22:08 AM

Quote from: jrrsparkles on March 02, 2021, 04:23:46 PM

If we look at the reasons why they ban it to avoid electricity wastage and also they claim that 8% of all bitcoin mining operations are happening in that particular region just because they have cheap electricity fee and misused by the people with the domestic consumption charges.

But look at what they banned "Crypto currency mining operations" not the complete cryptos so better edit the title to appropriate one.

They are just acting what best for their countries interest , as we already knew that Miners are targeting countries with much lower electricity charges to be their bread and butter.

But now that the world is finding this profitable for the miner but danger for their country?

action are being held, we are lucky that our country has so much payable in electricity that's why mining was not advisable here.

Energy source are given in cheap price for everyone in that region to get benefit of it but when some individuals taking advantage of it for their personal benefits then government is going to restrict their activities. Not sure they are paying enough taxes for their gains so government may consider them leaving as it is.