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Taiwanese gangs shoot at Bitcoin miner who accuses China of repression

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The Taiwanese newspaper Liberty Times Net reported that two people had shot a minor bitcoin while he refused to fulfill their initial contract. . Suspects Gao Qitang and Chen Yumin fired on Wu Nan (nicknamed "milk") at Longhua Hall in Banqiao, New Taipei City, on April 14.

Under their agreement, Gao and Chen, both members of the "freshwater gang", raised 47 million new Taiwanese dollars and allowed Wu to invest in mining bitcoin. Wu was supposed to give them the profit, which he said was difficult since China banned cryptocurrency and ITOs. Once the argument went out of control, the two gangsters pulled out rifles, a Beretta and a Taurus, and fired seven shots at Wu who was injured.

Nowadays, it is not uncommon for people to hire miners and then divide profits at the end of the job. Mining freelancers are particularly in demand, although most people prefer to join mining basins.

China's plan to suppress Bitcoin mining

Alongside rumors and speculation, the People's Bank of China (PBoC) submitted a report explaining that the country would no longer give preference to mining operations. China also planned to observe the effects of the use of a huge amount of power in the cryptocurrency extraction in the country. Cryptographic companies like Bitmain have started moving their offices to other cryptocurrency friendly countries. He recently received approval to buy land in the United States, Walla Walla County, to build a blockchain facility. Bitmain also chose Switzerland because it is "one of the most progressive countries … with good legal stability".

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Bitcoin Mining Pool BTC.TOP also moved to Canada "because of the relatively cheap cost and stability of the country and policies". Slowly and regularly, the Chinese began an exodus to other countries.

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