An Inside Look at Genesis Block — Hong Kong's New Cryptocurrency Working-Space
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An Inside Look at Genesis Block — Hong Kong's New Cryptocurrency Working-Space

THELOGICALINDIAN - This accomplished August newsBitcoincom appear on a abstruseness miner from Hong Kong who helped jumpstart the Bitcoin Cash blockchain The miner Wincent Hung operated from an enactment amid in Wan Chai Hong Kong which at the time wasbeing congenital into a cryptocurrency workingspace According to Hung the new the Genesis Block coworking amplitude is now accessible and aims to access basic bill accessibility

Also read: Here’s The Trading Center In HK Where They Mined Most of the Bitcoin Cash Blocks

The Miner Who Helped Kickstart Bitcoin Cash Has Opened His “Genesis Block” Working-Space in Hong Kong

An Inside Look at Genesis Block — Hong Kong's New Cryptocurrency Working-Space On August 1, the miner from Hong Kong who aboriginal accomplished the mining of Bitcoin Cash (BCH) with the Chinese basin Viabtc, absitively to acquaint his new business by abrogation his bounded abode aural the coinbase abstracts of anniversary block the basin processed. The abode is a acclaimed auberge in the Wan Chai commune of Hong Kong alleged “Check Inn HK,” which is amid at 269-273 Hennessy Road. At the time, Hung told news.Bitcoin.com that the BCH mining was aloof for fun and a way to acquaint his new business the Genesis Block.

News.Bitcoin.com chatted with Wincent Hung aftermost night, and he told us the working-space is now accessible Monday through Friday, 9am-6pm.

“We aim at accouterment a amplitude for the association to associate and to access the accessibility and clamminess of cryptocurrency,” Hung explains.

An Inside Look at Genesis Block — Hong Kong's New Cryptocurrency Working-Space

Delivering the Correct Message About Cryptocurrencies

The Genesis Block enactment provides casework such as trading, a hot desk, co-working appointment amplitude (for fintech, blockchain, and cryptocurrency-related projects), an accident space, a mining rig reseller, and four cryptocurrency ATMs. Three one-way ATMs will annex bitcoin, Ethereum Classic, and Bitcoin Cash and a two-way bitcoin ATM is planned for mid-October.            

“The Genesis Block area is a concrete setup, to accomplish cryptocurrency added tangible,” Hung tells news.Bitcoin.com.

An Inside Look at Genesis Block — Hong Kong's New Cryptocurrency Working-Space

Genesis Block Owner: “Miners Mine for Profit”

Hung says the cryptocurrency working-space is accessible to the public, but the aggregation affairs to accept its admirable aperture on November 3.

“So far we got a acceptable acknowledgment from the Hong Kong crypto-community,” Hung details. “So at atomic the association welcomes us. For accepted HK residents, we additionally anticipate there will be a absolute impact. We can adviser anyone who wants to apperceive added about crypto step-by-step.”

Seeing how Hung’s mining operation impacted the BCH arrangement during its aboriginal anniversary back his basin mined about ¾ of the absolute network’s blocks, we absitively to ask him if he was still mining any cryptocurrencies. “It depends on which one is added profitable,” Hung replies. So news.Bitcoin.com asked him to analyze if he was still mining both BTC and BCH chains. “Yup — Miners abundance for profit,” Hung adds.

What do you anticipate about the Genesis Block working-space enactment in Hong Kong? Let us apperceive what you anticipate in the comments below. 

Images via Shutterstock, and Wincent Hung. 

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