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English => News => Topic started by: Redaktion on June 21, 2021, 12:42:38

Title: The Chinese government is cracking down on cryptocurrency mining operations in the Sichuan province
Post by: Redaktion on June 21, 2021, 12:42:38
The Chinese government has started targeting cryptocurrency mining operations in the Sichuan province. Local electricity companies have been instructed to cut power to large-scale mining firms. As a result, some companies have relocated to the United States, while others could set up shop in neighbouring Kazakhstan.

https://www.notebookcheck.net/The-Chinese-government-is-cracking-down-on-cryptocurrency-mining-operations-in-the-Sichuan-province.546883.0.html
Title: Re: The Chinese government is cracking down on cryptocurrency mining operations in the Sichuan provi
Post by: Joseph L. B. on June 21, 2021, 13:43:15
LOL @ Sh*tcoiners. Even your own masters (China) are abusing you, disrespecting you, after all you've done for them (buy their products en masse, destroy the environment, etc).
Also, did you know that miners are so stupid, they don't even understand the difference between gaming workload (peak/long idling alternation) and mining (constant, flat utilization w/ no opportunity to idle)? They think those two are the same! So sad.
I hope they're provided with help in the future, - like in a luxury Chinese "re-education" camp (for recovering miners) - to cure their addiction.
Title: Re: The Chinese government is cracking down on cryptocurrency mining operations in the Sichuan provi
Post by: Wereweeb on June 21, 2021, 14:07:52
Quote from: Joseph L. B. on June 21, 2021, 13:43:15
Blablablabla

Oh, wow, a new bizarre conspiracy theory just dropped!
Title: Re: The Chinese government is cracking down on cryptocurrency mining operations in the Sichuan provi
Post by: Matthew L. on June 21, 2021, 19:50:25
Quote from: Wereweeb on June 21, 2021, 14:07:52
Quote from: Joseph L. B. on June 21, 2021, 13:43:15
Blablablabla

Oh, wow, a new bizarre conspiracy theory just dropped!
Uhh...
cospiracy theory (noun) - a theory that explains an event or set of circumstances as the result of a secret plot by usually powerful conspirators (Merriam-Webster)