Nearly 8000 Mining Rigs to be Imported
The Ho Chi Minh City (HMC) Customs Department has revealed the number of mining rigs which are on the list to be imported during the first 3 weeks of January.
Nguyen Thanh Tuyen, the customs department’s deputy director, told the HMC Law Department on January 24 that between 23 and January 1, a total of 7,932 mining rigs are currently waiting to become customs-cleared, Tuoi Tre reported. He added that the total value of the rigs is”almost $12.3 million…[and] the amount of tax paid to the [city’s] funding is nearly 28 billion dong [~$1.23 million].” Tianphong elaborated:
Currently, the price of bitcoin mining rigs is quite high, from 70 to 80 million [VND]; some places [sell them for] up to 100 million [VND] per machine.
The book noted that mining rigs are imported from China, adding they cost roughly 20-25 million dong each but were sold for 35-40 million dong each in early 2016. By mid-2017,”the price of mining rigs increased to VND 45-60 million each machine and at present, although the purchase price of bitcoin decreased, the price of mining rigs still increased to VND 80-90 million per machine,” the publication added.
News and bitcoin gaming and casino games.Bitcoin. Com recently reported that a total of 7,005 mining rigs that were known were imported in 2017. Most of them, 5,527 rigs, were imported between November and December 21. Only 1,478 rigs were announced entering the country between January 1 and October 31 of last year, according to the HMC Customs Department.
No Regulations Nevertheless
Tuyen explained that mining rig imports and mining operations in the city are”still normal since there are no regulations for the import of such goods,” Tianphong quoted him. Currently,”the State Bank has verified that bitcoin and other similar virtual currencies aren’t legal way of payment in Vietnam” and residents using them as such”will be fined 150-200 million [VND], and can be subject to criminal prosecution from January 1, 2018,” the publication highlighted.
Nguyen Hoang Minh, deputy manager of the State Bank’s HMC branch, was quoted saying:
Virtual currency generally, and are not legal way of payment under the law and bitcoin and litecoin particularly, are not currencies.
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Source: bitcoincasinoreview.info
