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Questions tagged [crypto-mining equipment]

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Dario Dario Mon Jan 13 2025 | 7 answers 1713

Why do countries ban crypto-mining equipment?

Some countries have banned crypto-mining equipment due to concerns over its energy consumption, environmental impact, and potential for financial instability. These bans aim to mitigate the risks associated with cryptocurrency mining activities.

Why do countries ban crypto-mining equipment?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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