Why not sell them? The opposite of virtue signaling. Douche-tard signaling.
Malaysia 🇲🇾 have found their second round of crushing 1000 #ASIC miners as they continue to stamp out illegal mining operations. Apparently, power theft for bitcoin mining has cost the country $776 million since 2018
Surely there's a bid for these devices, why not sell it to legitimate miners locally or internationally?
https://theminermag.com/news/2024-08-19/malaysia-bitcoin-miner-steamroller/
Discussion
Governments seize physical assets all the time, and sell them back to the market, unless its like contraband, I guess ASICS are digital heroine makers lol
It’s true. I’m joking of course, but it’s surely some dumbass bureaucrat who’s trying to please a dumbass superior and signal that they hate bitcoin.
I wouldn't doubt that this was a own goal decided by committee, I see it happen in my corporate job all the time
Me too. If the world new how unthinking and on autopilot corporations are the market cap of the S&P would be a whole lot lower. 📉