As strange as this may sound, yesterday a Taiwanese Bitcoin miner has been shot by a gang after an argument about mining profits. A Bitcoin miner known only by the name Wu accepted Chinese yuan from two “local gangsters” to turn Bitcoin mining profits for them.
The facility was supposedly located not in Taiwan but on mainland China, where regulations regarding the practice have become notoriously precarious this year, and that’s why Wu experienced cash flow problems. At a meeting the three had arranged, Wu admitted he had not been able to produce the fiat currency expected on schedule, blaming China’s control on Bitcoin.
The gangsters were upset and shot Wu in the ankle before scattering, only to turn themselves in couple hours later. These curious events take place after Beijing demanded Bitcoin mining operations be scaled back last year. Cheap power for mining operations involved several layers of bribery, reports earlier claimed.