Post
Topic
Board Speculation
Re: China will destroy bitcoin
by
Vaskiy
on 28/04/2016, 11:01:55 UTC
With China now owing about 75% of the mining power i think in all their greed they will destroy bitcoin.
They will never allow the protocol to change to accept larger blocks since it's not in their interest.
You don't have much time left to sell your bags.
When they have 75% of bitcoin mining power,why would they allow bitcoin to be destroyed?I think there must be a difference of opinions within Chinese mining community and some of them will try and persue for larger blocks
More mining farms are there in China which is never known in most of the countries, it's their wealth to have all these bitcoin resources in their country, so definitely they won't destroy bitcoin in anyway as they are earning more from it .