Taiwanese gangsters shot a miner due to the closure of exchanges in China

Taiwanese gangsters shot a miner due to the closure of exchanges in China

Taiwanese newspaper Liberty Times Net reported that two people shot at a bitcoin miner after he refused to honor their original contract. On April 14, suspects Gao Kitang and Cheng Yuming shot at Wu Nan (nickname "milk") in Banqiao District, Xinbei City

According to their agreement, Gao and Cheng, members of the Freshwater gang, collected 47 million New Taiwan dollars and instructed Wu to invest it in bitcoin mining. Wu had to give them the profits, which became impossible to obtain after China closed the exchanges and banned ICOs. Once the argument got out of control, both gangsters pulled out their guns and shot Wu seven times.

Many people now hire miners and then split the profits. Freelance mining is in demand, although most prefer to join mining pools.

The People's Bank of China published a report stating that the country intends to ban cryptocurrency mining in the future. China will also monitor the efficient use of the country's vast amount of mining energy. Cryptocurrency companies such as Bitmain are moving their operations to more digital currency-friendly countries. The Bitmain exchange has moved its operations to the US and Switzerland.

Cryptocurrency mining company BTC.TOP has moved its operations to Canada due to the country's politics, stability and cost savings. Other Chinese companies are also moving their operations to other countries.


According to https://www.ccn.com

You May Also Like

142018-07-24

AMF demands that Dominique Lacroix return the funds received during the ICO

Dominique Lacroix, one of the founders of the fraudulent ICO Plexcoin, paid out more than $3 million in Bitcoin according to a ruling by the Quebec Financial Markets Authority (AMF). The regulation is one of several created by North American authorities to combat fraudulent ICOs and other illegal cryptocurrency-related activities.

Personality, Events
162018-11-03

Bulgarian officials took bribes in Bitcoin from Ukrainians

Two Bulgarian government officials have been arrested on charges of accepting cryptocurrency bribes in exchange for illegally issuing Bulgarian passports to foreign citizens.

Events

Latest articles from Events category

Fresh video on our Channel