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Author Topic: Eobot on China banning bitcoin  (Read 1194 times)

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Eobot on China banning bitcoin
« on: September 27, 2017, 10:39:05 PM »

This is an email I received from eobot a few days ago...

Hello miner Karl.

As you may have heard in the news over the last few weeks, China has implemented bans on ICOs (initial coin offerings) and now Bitcoin and other cryptocurrency trading. It is unclear if they are going to ban Bitcoin mining.

Eobot currently runs the majority of our Bitcoin mining in China. Depending on if, and how, they ban Bitcoin Mining (for example, they may let us ship the hardware out of the country to continue mining), Eobot may be forced to terminate Cloud Mining/GHS contracts early.

We hope this doesn't happen, but we are announcing this to our users to be fully transparent and allow the option to trade and sell their GHS early and before a China ban becomes a reality.

Until next time...happy mining,
-The Eobot Team

You can keep an eye on eobot's current coin balances at:

I fully trust eobot and I don't think they would take everyone's money but this email is telling me to get what i can out now (while i still can) so I am not going to ignore the hint. I just traded all my 5 year mining speeds for a huge chunk of 24 hour scrypt mining speed and pointed it all to LTC.

Stay safe everyone.  ;)

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