MGT Capital Investments Inc. (MGTI)

[Imperial Whazoo]

I have no comment on that. Frankly, given the fact that huge fat cat insiders affiliated with the chinese communist party are the owners of industry in china, it follows that the chicoms would NOT view the entry of an outsider into an industry they control as something to favor. In fact, the centralized authorities in the party would probably chew outsiders up and spit them out. So my speculation would be that it is not wise for MGTI to open a mining operation there.

Don't know, though. But I am fairly certain that the closing of the inflow valve of ICOs is a net net positive for existing coin types because it caps the number of competing coins out there and as such, it increases the scarcity of existing coin types in general. Now that potential crypto owners have fewer alternatives to bitcoin, the incentive to buy the biggest coin out there (bitcoin) increases.

Imperial Whazoo