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Is mining illegal? 202 1
1. Mining is not illegal: first of all, it must be clear that mining is not illegal, and the criminal law does not clearly stipulate that mining is illegal! But because of high energy consumption, it is not recommended!

2. The industry is not uniform: the name of the file is Bitcoin, not the entire cryptocurrency industry. The word used in the document is strike hard, not ban. This explanation is not a one-size-fits-all approach, but is aimed at ore pools with financial risks, high energy consumption and money laundering.

3. Encourage green technology: The document clearly points out that Bitcoin is a waste of high-energy resources, but at the same time encourages investment and financing activities in accordance with the green concept. Fil, chia and bzz provide green solutions, which is why they named Bitcoin mining, and why they didn't write about cracking down on all mining in digital currency. So next, domestic bitcoin miners either go abroad or switch to hard drives like fil to mine!

4. Don't grab the position of digital RMB: Bitcoin is a peer-to-peer cash payment system, which is used for payment and is digital currency. It conflicts with digital names and currencies and must be cracked down. Storage classes and real blockchain landing technologies will develop against the trend.

5. Closing the mine: Bitcoin mining consumes huge energy and has no actual output, which deviates from the goal of carbon neutrality. All mines in China under the guise of high technology may be closed by the administration, but it will not affect individuals and studios.

6. Freezing transactions: digital currency, such as trading bitcoin in legal tender, endangers financial security. Banks will thoroughly investigate suspicious accounts, and find "C2C" dealers with large amount or transaction volume, take immediate control measures and report them daily. In the future, USDT merchants may face freezing at any time, and individual players may also face freezing after a large number!

7. Close the exchange: The bitcoin trading platform that provides contract and futures trading services to domestic users is suspected of illegally operating futures, and will be severely cracked down by the public security department and Interpol. For example, exchange contracts such as matcha and fire coins may stop being provided to domestic users.

8. Strictly investigate money laundering channels: severely investigate IDC service providers that provide so-called "return routes" and other services for overseas virtual currency trading platforms.

Finally, about mining: the mining opportunities with own funds are low-key, which does not affect fund-raising, speculation and financial products; For cloud computing centers, big data centers, and compliant mines, if the procedures for electricity use, energy use, approval and filing, environmental protection, fire protection, etc. are complete, as long as the legal operation does not evade taxes, whether to accept or allow it is up to the local government to decide on its own according to energy consumption indicators and land indicators; The suspension of thermal power mines is mainly due to energy consumption and carbon emissions.