What would be the meaning of IPO?? 
:D:D Why he would need to raise money as he has no running cost and no possibility to scale(he doesn't actually own the mining hardware nor server rooms).
This is just pure ignorance or scam preparation.
:D:D Why he would need to raise money as he has no running cost and no possibility to scale(he doesn't actually own the mining hardware nor server rooms).This is just pure ignorance or scam preparation.
What he owns is the right of control these machines. There are also many people in China who can use free electricity for decades.
Someone felt such actions are "theft", But in China it's very common. And to some extent it's well accepted by people morally.
(Nearly) All universities belong to Government here, and all electricity belongs to Government.
I feel mortified to see you say "And to some extent it's well accepted by people morally". Please do not say it before you get solid evidence to support this argument. From my point view, at least, theft is theft.