You're not far off. If you look at the main intention of governments, which is to localize every purchaser of crypto, then miners are just as much of a target as those who buy crypto through centralized exchanges. In the end it's all about the control governments want to obtain over what they consider to be a dangerous vehicle.

I can totally see a time where if you want to buy more than three GPU's from the same reseller that you have to verify yourself. Just think about it, what's the easiest way to obtain crypto without buying it and without sacrificing your personal information? It's mining. It's somewhat of a loophole governments want to make less easy to exploit.

If people think this is bad already, then wait for what has to come in the forthcoming years.