This is the reason why ccp ban crypto mining. Such a waste of resource
Biggest Crypto mining in Malaysia
Biggest Crypto mining in Malaysia
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May 21 2024, 05:37 AM
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#1
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3,563 posts Joined: Sep 2005 From: Shenzhen Bahru |
This is the reason why ccp ban crypto mining. Such a waste of resource il0ve51, Freshmeat21, and 4 others liked this post
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May 21 2024, 08:19 AM
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#2
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3,563 posts Joined: Sep 2005 From: Shenzhen Bahru |
QUOTE(zamans98 @ May 21 2024, 07:58 AM) No, CCP didn't ban, still a lot in China. It's banned since 2021. No mining and trading of crypto. Because of that many China crypto companies then choose to setup as fintech overseas like HK & SG are now began to get attention from oversea regulators and 1 by 1 getting banned also - like BinanceCCP want a profit cut , you can setup a JV between CCP (especially near hydroelectric dam) and plot your sharing chart. |
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May 21 2024, 11:04 AM
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#3
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3,563 posts Joined: Sep 2005 From: Shenzhen Bahru |
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May 21 2024, 11:17 AM
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#4
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3,563 posts Joined: Sep 2005 From: Shenzhen Bahru |
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May 21 2024, 11:19 AM
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#5
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3,563 posts Joined: Sep 2005 From: Shenzhen Bahru |
QUOTE(thkent91 @ May 21 2024, 11:09 AM) What I want to convey is that different people have different perspective. If you are into watches you'll swear by those rolex watches too, sames goes to LV and Hermes bag When it comes to gold it is no longer a perspective. It's a fact economically and scientifically that gold hold so much valueBut, really? Ps: I do not own btc |
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May 21 2024, 11:46 AM
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#6
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3,563 posts Joined: Sep 2005 From: Shenzhen Bahru |
QUOTE(ozak @ May 21 2024, 11:33 AM) CCP have energy problem back then when they try shut down the coal plant to support 0 carbon. But cause massive blackout and energy shortage during winter. Whatever is the reason they truly realised cypto brings no benefits to them - from social, economic, financial and even environment point of viewSo start to reduce the usage and ban mining is 1 of it. Ccp also cannot control the money exchange crypto in/outflow. Aka money laundering. But at the end ccp have to start back the coal plant even after ban the crypto mining. But they are better now as solar, wind turbine, EV and slow down economy absorb it. TNB shouldn't subsidies your home energy usage. Cause you're wasting the resource and doesn't make money. jack2 liked this post
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