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 waiting to become customs-cleared, Tuoi Tre reported. He added that the complete value of the rigs is”nearly $12.3 million…[and] the amount of tax paid to the [city’s] budget is nearly 28 billion dong [~$1.23 million].” Tianphong elaborated:
Currently, the purchase price of mining rigs that are bitcoin is high, from 70 to 80 million [VND]; a few places even [sell them for] around 100 million [VND] per machine.
The book noted that most mining rigs are imported from China, including that they cost roughly 20-25 million dong each but were sold for 35-40 million dong each in 2016. By mid-2017,”that the amount of mining rigs increased to VND 45-60 million each machine and at present, although the price of bitcoin diminished, 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 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 explained 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 means 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 emphasized.
Nguyen Hoang Minh, deputy manager of the HMC branch of the State Bank, was quoted saying:
Currency in general, and bitcoin and litecoin in particular, are not currencies and are not means of payment.
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Source: bitcoincasinoreview.net
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