The self-regulating organization of China warns about the so-called mining crypto-exchange offers. "Initial proposals of the miners" appeared immediately after China banned the original offer of coins.
The idea of the new proposal is that the mining equipment, which is used for the energy-intensive processes of new transactions, is sold and used to handle a particular crypto currency or token.
In fact, this new model is the same ICO. The organization encourages people, despite the prevalence of advertising and publications on this topic, to be careful not to get on the scammers and not suffer from government restrictions.
Recall, a year ago, the same organization warned users about the ICO, noting that the proposals may come from scammers who use untrue information. And only a few days after such a statement, the Chinese authorities banned the use of a detachment.