Now this is getting interesting. And when Russia joins the mining ecosystem, you know that the US is not simply going to sit back and relax. They will jump in too eventually.
The Chinese mining monopoly has it's days countered. It's time to fire Jihan.
Or the US will declare prosecutorial jurisdiction over Russia and seize every Russian home computer under the the explanation of: suspected financial involvement with Russian spy organization....because anything Russian is considered "covert" and having "malintent" and "egregious to the US" and "something the US would never engage in."
It would be nice for multiple countries to provide ideal and competitive conditions for bitcoin mining...it shouldn't be monopolized in China because they can produce the cheapest cost of energy.
Regardless, what's the difference between a Chinese mining monopoly and a Russian mining monopoly except for whether you have a personal vendetta against the Chinese ones?
It's not a monopoly when two strong entities exist at the same time...it's called duopoly...and when they're not working together it's called competition. And competition is good for all of us.