Small Mining Firm Takes Regulatory Compliance Pill, Moves to the Dark Side

A small mining firm referring to itself as HashingSpace Corporation has pushed out a press release bragging that they have retained the services of IdentityMind Global to implement anti money laundering, know your customer, and other criminal regulatory services antithetical to Bitcoin. IdentityMind Global claims to have relationships with "more than 40" "virtual currency businesses" most of which serve as interfaces between fiat currency and Bitcoin. HashingSpace professes to primarily be a mining and miner hosting operation that also just happens to provide other services like a "wallet" and Bitcoin ATMs. On social media earlier this summer HashingSpace has claimed to possess 5 petahashes of mining hardware, an amount eerily similar to that claimed by GAW Miners before their collapse.

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