United States President Joe Biden has signed an order preventing a China-linked crypto mining firm, to see more of this News you can click in the link below 👇👇👇
https://cointelegraph.com/news/biden-orders-removal-chinese-owned-crypto-miner-near-missile-base But what the president is doing i don't think, is going to end well with Chinese this is going to affect their business over there and more people. Even if they move out crypto at missile base it'll surely not change anything cause the Chinese crypto are really helping out there. I don't know what's your opinion towards this? Or maybe the Chinese are trespassing?
Not sure how big that crypto mining farm that's about to be closed, but it seems that it is big as it raised a millions of money. Nevertheless, there are still a lot of miner farms across the globe that can cover so the effect might not be felt and there could be no impact to the price itself.
Really hard to comment on the repercussions or what is the motive by the Biden administration but it's obvious it is political. And this is not the first case though, there are many countries now specially in the South east Asia that there are suspicions that China is trying to insert someone in the government and thought to be sleeper agent. So I wouldn't blame US government for doing this.