Post
Topic
Board Mining
Re: Bitcoin mining’s comeback in China
by
safar1980
on 22/12/2023, 14:51:13 UTC
The article says that 3,700,000 people were convicted of bribery and 70% were government officials.
I think that in mining it is impossible without this. If a miner works illegally, then he does not pay taxes, which means he has money for bribes. It's the same in Russia.
I see, so it is just speculation so far. I guess it is unlikely to see any concrete data since most miners would likely prefer to hide to avoid being found out by the government. On the other hand, it is still up to debate how many people bribe somebody, and how many decide to mine and avoid both tax and bribe.
This is impossible both in Russia and in China. When mining is prohibited, you need to immediately negotiate with officials so that they warn about checks or not check. In my experience, without support you can only mine with low power consumption on video cards.