//Chinese Police Seize 600 Bitcoin Mining Equipment and Arrest Unauthorized Miners

Chinese Police Seize 600 Bitcoin Mining Equipment and Arrest Unauthorized Miners



China has since placed a blanket ban on initial coin offerings (ICOs), bitcoin, and the altcoins but the autocratic government is yet to impose an embargo on Bitcoin mining. Now, the local police force has arrested some miners and seized their machines as well as mining equipment, citing power theft.

Source: Chinese Police Seize 600 Bitcoin Mining Equipment and Arrest Unauthorized Miners