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Learning & News => News related to Crypto => Topic started by: newshunter on October 11, 2021, 01:00:46 PM

Title: Powercrypto Holdings to launch BTC & ETH mining in Hong Kong
Post by: newshunter on October 11, 2021, 01:00:46 PM

Powercrypto Holdings to launch BTC & ETH mining in Hong Kong

The venture seeks to utilize sustainable energy practices throughout the operation process.

Source: Powercrypto Holdings to launch BTC & ETH mining in Hong Kong (https://cointelegraph.com/news/powercrypto-holdings-to-launch-btc-eth-mining-in-hong-kong)

Would appreciate your opinion about this

Title: Re: Powercrypto Holdings to launch BTC & ETH mining in Hong Kong
Post by: TomPluz on October 12, 2021, 09:02:44 AM

I am glad to see that this Powercrypto is able to secure the license to operate out of Hong Kong using renewable energy. Now, we know that Hong Kong is now technically under China's supervision and sovereignty so there is still that risk that the crypto ban can be extend to this territory. Hope they are not making a mistake of locating in Hong Kong. Anyway, am sure this mining firm got some connections that may have assured of their business in this area.