The company HashNest made a statement regarding its mining activities.
In response to the news about the pressure the Chinese authorities to mining companies in the country, the essence of which is to tighten and to “standardize” rules for mining companies, which in the opinion of the government and the people’s Bank of China often illegally receive a variety of benefits as with the purchase of electricity and lease of land, HashNest one of the largest companies in the field of cloud hashing said that the fact that the closure of the mining companies that, one way or another, have used electricity illegally, would have no impact on their activities:
We believe it necessary to state that the closure of the mining companies that used electricity illegally, will not affect the activities of HashNest. Mining company BITMAIN has always used legal power. In addition, BITMAIN starts building mining farms abroad in Switzerland and Canada.
The company said on its Facebook page:
HashNest platform cloud mining, is a subsidiary project of the well known Chinese company giant Bitmain, which is the largest manufacturer of equipment for mining. Previously, we wrote about the fact that the company BITMAIN opens an office in Switzerland, as well as negotiating with the authorities of the canadian province of Quebec on the construction of a mining center.