Post
Topic
Board Bitcoin Discussion
Re: Chinese miners rejecting transactions from the US?
by
RGBKey
on 13/11/2016, 18:26:00 UTC
The Miners are not mining to dominate the world, they are mining to make profits. The two biggest users of Bitcoin is the USA and China at the

moment, why would they stop accepting tx's from US users, and cut their profits in half, and possibly become unsustainable? Even if this was

possible, it would push business into the pockets of other nations/global miners.  Grin
That's a good point, if they do decide to start picking and choosing then it would quickly turn into a very bad situation for Bitcoin, meaning their large operations would be a bunch of useless hardware.