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.
What's stopping them in terms of not actually being able to do it? Then nothing. What's actually stopping them is probably the fact that they are the biggest in terms of mining and it generates a huge amount of money for the company, many big mining companies have links to the government and I'm sure a lot of that money finds its way back to the government in exchange for favourable regulations etc.