Post
Topic
Board Bitcoin Discussion
Re: China Ban Bitcoin mining ???
by
stompix
on 18/11/2017, 18:13:52 UTC
Hi,

China has already banned ICOs and is shutting down Bitcoin exchanges. What would happen if they also banned crypto mining?

Overall nothing.
A decrease in hashrate, slower blocks till the next difficulty adjustment and then everything back to normal while miners will probably relocate to other countries.

Once this is over I will open the third beer since we will be finally done with china banning bitcoin/ico/mining and there is nothing left for them to ban.