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RE: Cryptocurrency Mining not likely to be included in Chinese Exchange Trading Ban
Hmmm....it really wouldn't make sense to ban miners as those mining farms pay a lot of money for electricity on a monthly basis. The Chinese government is directly profiting off the bitcoin mining industry as they own the utility companies that are providing the power to the miners.
I'm guessing the Chinese exchanges will re-open after new regulations are put in place.
There's also this video on Twitter of a guy filming an empty OKCoin office: https://twitter.com/xiong1000/status/911114927418490880
Apparently OKCoin is moving to a new location.
rainmaker xiong tweeted @ 22 Sep 2017 - 06:28 UTC
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