China Bans Mining? Pfff”¦ Malaysia Crushes the Hardware With a Steamroller! By DailyCoin – Investing.com
- Date: 21-Jul-2021
- Source: Investing.com
- Sector:Technology
- Country:Middle East
China Bans Mining? Pfff”¦ Malaysia Crushes the Hardware With a Steamroller! By DailyCoin – Investing.com
The crackdown on cryptocurrencies is overwhelming much of the media space as market sentiment remains below the threshold of 25 on the Fear and Greed Index. The price of Bitcoin is descending without much volume and positive momentum to gather it back up. Cryptocurrencies exist because of blockchain, and while the interlink is rarely discussed, blockchain still holds intrinsic value for any entity or country vested in it. Expanding on the subject of crypto becomes more restrictive as countries that curbed crypto’s growth continue to enforce stricter rules.
Malaysia Has No Love For “Dirty” Bitcoin
In a new video release, Malaysian police are reportedly crushing 1,069 ASIC miners using a steamroller. The market value of the digital-gold digging machines amounts to $1.25 million after authorities seized them during an electricity theft investigation.
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