Published on November 14th, 2017 | by bitcoin0
What’s mine is mine :china speak to mining legality blunder
A Chinese electricity provider has caused confusion after it sent a notice to clients telling them to deny service to “illegal” Bitcoin miners.
According to multiple sources including local Caixin, Sichuan Electric Power Company had issued a statement deeming Bitcoin mining illegal in China and that the practice should stop immediately.
Subsequently, local news resource cnLedger confirmed the CEO had retracted the statement having made “mistakes” about legality.
Despite the country’s outlawing of Bitcoin-to-fiat exchanges and ICOs, mining continued without issue.
If not illegal, any further reshaping of China’s mining landscape remains to be made clear.