What is Online casino and How to find itonline lottery online online casino and The latest entrance? What is Online casino and How to find it “mining”?

　　Online casino and How to find it exists in the network world in a digital form. It is not a true currency and does not have the monetary attributes of legal tender and compulsoriness. It also does not have the same legal status as currency and should not be circulated and used as currency in the market. The acts of investing and trading in Online casino and How to find it are also not protected by law.

　　Online casino and How to find it “mining” activities refer to the process of calculating and producing Online casino and How to find it through special “mining machines”, which consume a large amount of energy and carbon emissions, contribute little to the national economy, and have limited driving effects on industrial development and technological progress. Moreover, the risks derived from the production and trading of Online casino and How to find it are becoming increasingly prominent, and its blind and disorderly development has a negative impact on promoting high-quality economic and social development and energy conservation and emission reduction.

　　Secondly, the hazards of the ‘mining’ activity

　　Firstly, it will cause a large amount of energy consumption and carbon emissions, going against the new development concept and不利于 the achievement of the national carbon peak and carbon neutrality goals.

　　Secondly, it consumes a large amount of computing resources, causing systems, software, and application services to run slowly. Once a personal computer or server is controlled by the ‘mining’ program, it may lead to data leakage or virus infection, easily triggering network security issues.

　　Thirdly, it disrupts the normal financial order and even social order, often becoming a tool for money laundering, illegal transfer of assets, and other criminal activities. Some criminal syndicates even sell ‘mining’ equipment to the public, or attract investors to purchase computing power shares by renting ‘mining’ computing power, defrauding residents’ personal money, and affecting the stability of social order.

　　Fourthly, there are some state-owned unit employees who seek profit by utilizing state resources and public resources, which is a typical behavior of not distinguishing between public and private interests, harming the public while benefiting oneself. This behavior seriously violates party discipline and administrative discipline, and seriously affects the effectiveness of the state’s efforts to regulate the ‘mining’ activity of online casinos and how to find them.

　　The illegal nature of the ‘mining’ activity

　　The ‘mining’ activity of online casinos and how to find them has been listed in the ‘Guidelines for Industrial Structure Adjustment’ (2019 Edition) as an elimination item, falling under the category of ‘outdated production processes and equipment’. The ‘mining’ activity of online casinos and how to find them violates laws and regulations such as the Civil Code of the People’s Republic of China, the Circular Economy Promotion Law of the People’s Republic of China (2018 Revision), and the Energy Conservation Law of the People’s Republic of China.
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　　Article 9 of the Civil Code of the People’s Republic of China: Civil subjects engaging in civil activities shall do so in a manner conducive to energy conservation and the protection of the ecological environment.

　　Article 50 of the Circular Economy Promotion Law of the People’s Republic of China (2018 Revision): The production and sale of products and equipment listed in the elimination list shall be subject to penalties as prescribed by the Product Quality Law of the People’s Republic of China. Where technologies, processes, equipment, or materials listed in the elimination list are used, the comprehensive management department for the development of the circular economy at or above the county level shall order the cessation of use, seize the equipment and materials used in violation of the law, and impose a fine of not less than 50,000 yuan but not more than 200,000 yuan; in cases of severity, the comprehensive management department for the development of the circular economy at or above the county level may propose an opinion, which shall be reported to the local people’s government at the same level for the imposition of orders to halt operations or closure as per the powers prescribed by the State Council.

　　Article 71 of the Energy Conservation Law of the People’s Republic of China: Where a user employs energy-consuming equipment or production processes that have been officially phased out by the state, the department responsible for energy conservation shall order the cessation of use and seize the energy-consuming equipment that has been officially phased out. In cases of severity, the department responsible for energy conservation may propose an opinion, which shall be reported to the local people’s government at the same level for the imposition of orders to halt operations for rectification or closure as per the powers prescribed by the State Council.

　　4. Case Analysis

　　Case 1: Strictly investigate and punish state-owned cryptocurrency mining activities within the province, and many people were disciplined

　　After the Discipline Inspection Commission of Zhao Shui Development Company investigated, it was confirmed that an employee of the company engaged in cryptocurrency mining. Zhao Shui Development Company and Zhao Shui Water Conservancy Group Co., Ltd. made the following decisions for the party concerned: 1 person was dismissed from the labor relationship, the electricity expenses of 5,318.6 yuan during the mining period were recovered, and the income of 4,772.89 yuan obtained was recovered; 10 relevant leading responsible persons were administratively demoted, performance penalties were imposed, party accountability reports or talks were given, etc.; 3 relevant management departments were criticized or performance penalties were imposed. Zheng Mou of a certain branch of the Jieyang City Public Security Bureau installed four computers purchased by himself in the unit’s maintenance and standby room, mining about 0.8 Ethereum, earning 13,000 yuan. The branch sealed up the relevant mining equipment, Zheng Mou received a criticism and education, was ordered to make a self-criticism, and was transferred to another work unit.

　　Case 2: Using office computers for mining, receiving a party warning

　　Ding Xiaoming, the administrator of the computer room of the Shangyu Vocational Education Center in Shaoxing City, colluded with labor dispatch personnel He Xiaoming to use office computers and purchase 3 mining machines to place in the Information Technology Building, engaging in the mining of DuckCoin for a total of 111 days, earning 15,000 yuan. Ding Xiaoming was given a party warning and had his performance assessment bonus deducted for 3 months; He Xiaoming was dismissed. Yu Mou, the deputy director of the Geographic Information Center under the Natural Resources and Planning Bureau of Deqing County, Huzhou City, and staff member Wu Mou used office computers for mining, respectively mining 0.03 and 0.76 Ethereum (at the time, the value of each coin was 22,560 yuan)lottery online website，come on baby. Yu Mou received a criticism and education, was ordered to make a self-criticism, and had his quarterly performance assessment bonus deductedsports betting online website and The latest method. Wu Mou received a party warning and had his three quarters of performance assessment bonus deducted. (Case source: Central Commission for Discipline Inspection of the CPC and National Supervisory Commission website)

　　Case 3: Online Casino and How to Find It – Agreements related to cryptocurrency mining are not protected by law

　　Fengfujiu Xin Company and Zhongyan Zhichuang Company signed a contract, entrusting Zhongyan Zhichuang Company to purchase and manage micro storage space servers (i.e., mining machines) and carry out Bitcoin mining activities while paying the profits. During the performance of the contract, Zhongyan Zhichuang Company only paid Fengfujiu Xin Company 18.3463 Bitcoin, and thereafter did not pay any other profits. After Fengfujiu Xin Company repeatedly requested payment in vain, it sued the court, requesting the court to order Zhongyan Zhichuang Company to deliver 278.1654976 Bitcoin and compensate for the loss of occupying the micro storage space server after the service expired.

　　The Chaoyang District People’s Court held that, knowing the risks of cryptocurrency mining and Bitcoin transactions and that relevant departments had explicitly prohibited related transactions, Fengfujiu Xin Company and Zhongyan Zhichuang Company still signed a proxy mining agreement. This agreement should be deemed invalid, and the related property rights and interests should not be protected by law. The consequences caused by the above behavior should be borne by the parties concerned. Ultimately, the court ruled that the contract between the two parties was invalid and rejected all the litigation claims of Fengfujiu Xin Company.