• BOMBS@lemmy.world
    link
    fedilink
    English
    arrow-up
    14
    ·
    6 months ago

    Why are they mining out here in the US? Wouldn’t it be much cheaper to mine in China?

    • Varyk@sh.itjust.works
      link
      fedilink
      arrow-up
      16
      ·
      edit-2
      6 months ago

      Currently. It’s gone back and forth a few times, with each 'ban" preceding large purchases by the Chinese government of cryptocurrencies.

      But even if it is illegal in China, they can hold the money offshore and spend it as easily as anybody else.

      Also, if you are politically connected or pay the government enough money and your behavior doesn’t negatively affect the CCP, then things aren’t actionably illegal in China.

  • Thann
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    3
    ·
    6 months ago

    Alright, give us a map of all your nuclear bases so we know where not to buy property