What is Digging Bitcoin Cracking (Illegal Digging Bitcoin)

According to official sources, during the Bitcoin bull market that began after November 1, 2017, prices plummeted due to various reasons. And now mining is to solve this problem, because mining Bitcoin is cracking what? In fact, we all know that coin mining is achieved using a technology called consensus, which aims to make it easier for nodes on the entire network to reach consensus and reach transactions. But the implementation of this technology also has certain difficulties Essentially, the development of blockchain is not so smooth, but more and more traditional industries have realized the need to invest in the field of digital currency. Therefore, new investment and research in related technologies are needed to further improve its efficiency and reduce costs. Only in this way can we better understand the importance and significance of decentralization

Digging Bitcoin is illegal

According to Caijing, is Bitcoin mining a legal and compliant investment behavior According to Caixin, Chinese citizens engage in cryptocurrency mining, trading, and other activities on a virtual currency trading platform established by a certain company. Due to the rapid development of blockchain technology, its immutable and decentralized characteristics, participants have increasingly high trust in its investments. It is illegal to purchase the excavated tokens or use them for payment services in other ways. Therefore, if a legal person or individual engaged in this activity within China has the right to provide relevant information and funds to the exchange, they can continue to engage in such work in accordance with the law and regulations.