Re: China refuses mining?

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

I think China has completely banned the involvement of crypto and bitcoin mining.
but if I see what you are linking to, I have to re-read a lot of every news item on china for bitcoin and crypto.
I think China is not a big problem and problem for bitcoin or mining