Post
Topic
Board Bitcoin Discussion
Re: So what's stopping china from banning bitcoin mining?
by
Rludd
on 04/12/2017, 22:01:36 UTC
Hi I think just before a month we saw china banning ICOs and taking severe actions against bitcoin exchanges which led to the shut down of almost all the three big exchanges.We could clearly understand that chinese government is totally against bitcoin.China has the largest number of mining farms in the world.

But still china has not banned mining.So,what's actually stopping china from banning bitcoin mining totally there?

Kindly shed some light on this topic.


Wang’s planned farm in Gansu – one of the poorest provinces in China – will cost about 10 million yuan (US$1.52 million) to set up.