Vietnam: Record import mining rigs have read above

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allow to operate the computer itself – this is the dream of many an ambitious miner. boom has broken out of the mining in Vietnam. In the still-young year 2018 almost 8,000 imported rigs mining – more than in the year 2017.

Mining rigs are special computers that are used to increase the rates of hash in the crypto prospecting. These machines have for some time of extraordinary popularity. In Vietnam, the demand has increased particularly since three months. The Customs authorities of Ho Chi Minh City (HMC) announced the number of mining rigs imported during the first three weeks of January. Thus nearly 8,000 mining rigs should be introduced, so that in 2018 already she overhauled the import figures of “Schürf machines” by 2017. The demand increased since November last year. In the last two months in 2017, more than 5,500 mining rigs were imported.

What does the law say?

Kryptowährungen in Vietnam are not considered legal tender. Nguyen Hoang Minh, Deputy Director of a branch of the State Bank in HMC, stressed regional media:

“virtual currency in General and Bitcoin and Litecoin in particular are no currencies and no legal Payment under the Vietnamese law.”

The use can be punished since January 1, 2018, with a fine of the equivalent of 5,000 to 7,000 euros. So far there is no Regulation with regard to the Minens of the virtual currencies. The customs authority by HCM has however already expressed to stop importing mining rig.

Mining boom is driving prices up

Nguyen Thanh Tuyen, Deputy Director of the Customs Department, announced local media compared to that the total value of these imports was approximately 9.9 million euros. This put the city almost 992.320 euro taxes a. In Vietnam, the price for mining rigs is currently very high. Equivalent, about 2,500 to 2,900 euros would be required, sometimes even up to 3,500 euros for a rig. The import goods comes from China, where mining rigs are still comparable cheaper to Trapani. With a view to the possible mining ban in China Vietnamese Schürf enthusiasts have realized probably that now is the ideal time exactly, to equip themselves with mining rigs.

The cost of mining rigs are shot in Germany still not so sharply in the. However, the higher prices will for some time and sometimes even the low inventory of its graphics cards from Minern as well as by gamers .

BTC-ECHO

about Tanja Giese

 Tanja Giese is Tanja Giese since August 2017 as a lecturer for BTC-ECHO has been working and writing your own article since October 2017. In Potsdam she studied German language and literature, literary studies and philosophy and completed with a master’s degree. She gained professional experience in start ups and a digital agency. The focus of their interest in the crypto world is the social benefits and the handling of policy with the changes, the rise of the Kryptowährungen calls.

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