Post
Topic
Board Bitcoin Discussion
Re: Could the Chinese Govt take over the mining of BTC?
by
bocyaj
on 14/06/2018, 10:27:11 UTC
This news is slowly coming out but over half the Bitcoin miners are Chinese entities!
What would happen if the Chinese Govt took the mining over from the entities: It is a scary possibility and i was made aware of it on a you tube channel that has 200,000 subscribers!


I don't think it will happen.Previously Chinese government announced bitcoin and crypto currency trading is illegal one.But they don't take any necessary step to eliminate the crypto currency.They asked the people of china to inverse in gold and silver.If they had a plan to get mining,they will done this before.