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Bitcoin Discussion
Re: China refuses mining?
by
tegarp90
on
11/04/2019, 06:26:35 UTC
Quote from: drumamat on April 09, 2019, 02:47:52 PM
China intends to abandon mining cryptocurrency by 2021.How do You think this news will affect the entire industry and what alternative countries can replace this niche?What is the cost of 1 kilowatt of electricity in your country?
https://uk.reuters.com/article/us-china-cryptocurrency/china-wants-to-ban-bitcoin-mining-traders-say-move-not-a-surprise-idUKKCN1RL0C4
Maybe they will replace bitcoin mining to mining something else in the future.
We don't know if bitcoin still on the top of cryptocurrency or no in 2021, maybe something new will born in near future.