Wednesday, December 27, 2017 10:58:18 AM
https://www.ccn.com/chinese-bitcoin-miners-consider-moving-operations-overseas-amid-potential-ban/
Its all about continuing operations ASAP - buying a shell is a quicker way to get in the US becoming a public traded entity / symbol / not going to be shut down by the govt ....
Lets face it they are giving Canoe a ton of prefereds (as they should) to lure them -facilitate this merger ..... they can use those to finance setting US mine(s) up ....
Its of little risk / cost to Canoe to get this setup ...ship some existing hardware over here (inside podwerks pods maybe - lol) ,purchase domain names , setup the severs , flip the switch on miners and the miners in the network and you are up and running....
around 12-16 I think it was Canoe began mining again - from what location - I dont know -but they definitely shut ops down for awhile and in my opinion relocated somewhere indicating that move out of China....
FWIW
go to post 65212 and read supposedly Canoe told their members they were shutting down and to get all their funds out asap ....Razlin Tuesday, 11/14/17 06:22:59 PM
Re: None
Post #
65212
of 80451 Go
CANOE POOL CHINA IS CLOSED!! HOLY CRAP!! SANTO IS RIGHT THERE TALKING TO THEM!!!!
translated from canoe pool site:
Announcement on the Canoepool team's indefinite cessation of the operation of the BTC Mine pool: Since Bitcoin has been coerced by some hostile companies and research and development teams, it has seriously deviated from the white Paper and the original intention of the Bitcoin, reduced to a group of sinister shameless to realize their unspeakable self-interest and insult to the public IQ tools, Canoepool team After careful consideration, decided on November 14, 2017 24 o'clock indefinitely stop the operation of the bit coin pool, November 15, 2017 settlement all proceeds, please leave the mine friends in time to evacuate BTC ore pool, so as not to cause loss, Canoepool team will soon launch and fully support Bitcoin cash pool, thank you mine friends for a long time understanding and support! November 14, 2017
I am stupid, do not pay attention to me or my posts...do not make buying or selling decisions based on my banter at all ...I am a negative person by nature and at best an amature investor. Hope everybody makes money here.
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