Vietnamese Hurry to Import Mining Rigs


Mining and Mining Equipment in Vietnam
Regardless if the Vietnamese government legally recognizes Bitcoin, investors are still trying to get their hands on mining rigs. They are wanting equipment for bitcoin, litecoin, and ethereum. It is just that the rigs have become difficult to obtain and expensive. The article provided more information:The owner of a computer store in Hanoi, mentioned he generated a lot of revenue as a result of selling bitcoin mining rigs. However, mining is complicated and takes a lot of resources, he said. This means that most people will end up just leasing the equipment. This seems more likely, especially if more powerful systems were running out as a result of the legal status of cryptocurrency in Vietnam.One bitcoin mining machine is offered to sell on internet at VND30-60 million. A set of computers for bitcoin mining comprises 4-6 VGA, while the latest-generation machine has 8 VGAs. Just two months ago, computer component suppliers in Vietnam reported that all computers with strong configuration and VGAs were running out because of high demand from bitcoin miners.
Legal Status for Bitcoin in Vietnam; Central Bank Commentary
This gold rush for bitcoin mining rigs is occurring as Vietnamese officials determine the legal status of digital assets. News.Bitcoin.com reported the prime minister Nguyễn Xuân Phúc approved a plan to delve into digital assets. However, the government may consider legalizing them. They are considering whether they can be properly integrated into
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