Post
Topic
Board Bitcoin Discussion
Re: China refuses mining?
by
TheKeyLongThumbI
on 24/04/2019, 01:48:18 UTC
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


Who cares? We know that a lot of Chinese migrated their operations on other countries where mining is legal. And if that is true then it could be that before 2021, China has already made up their minds that they  need to be in this industry because btc possibly before that is   successfully adapted in many countries.