Nearly 8000 Mining Rigs to be Imported
The Ho Chi Minh City (HMC) Customs Department has revealed the number of mining rigs that are on the list to be imported during the first three weeks of January.
Nguyen Thanh Tuyen, the deputy director of the customs department, told the HMC Law Department on January 24 that between January 1 and 23, a total of 7,932 mining rigs are currently waiting to become customs-cleared, Tuoi Tre reported. He added that the total value of these rigs is”nearly $12.3 million…[and] the amount of tax paid to the [city’s] funding is almost 28 billion dong [~$1.23 million].” Tianphong elaborated:
Currently, mining rigs’ price is rather high, from 70 to 80 million [VND]; some places even [sell them for] up to 100 million [VND] each machine.
The publication noted that mining rigs are imported from China, including although they cost approximately 20-25 million dong each but were sold dong each in 2016. By mid-2017,”that the price of mining rigs increased to VND 45-60 million per machine and at present, although the purchase price of bitcoin diminished, the price of mining rigs still increased to VND 80-90 million each machine,” the publication added.
News and bitcoin gaming and casino games.Bitcoin. Com recently reported that a total of 7,005 known mining rigs were imported in 2017. Most of them, 5,527 rigs, were imported between November and December 21. Only 1,478 rigs were declared entering the country between January 1 and October 31 of last year, according to the HMC Customs Department.
No Regulations Yet
Tuyen clarified that mining rig imports and mining operations in the city are”still normal since there are no regulations for the import of these products,” Tianphong quoted him. Presently,”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:
Currency in general, and are not legal way of payment under the Vietnamese law and bitcoin and litecoin in particular, are not currencies.
What do you think about this Vietnamese mining industry growing so fast? Tell us in the comments section below.
Pictures courtesy of Shutterstock.
Have to calculate your bitcoin holdings? Check our tools section.
Source: bitcoincasinoreview.info
Leave a Reply