Quote from: TheKeyLongThumbI on April 24, 2019, 01:48:18 AM

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

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.

What happened after they banned exchanges Binance moved to Malta still it is one of the biggest exchange in the world . Its making lots of progress even still more . If mining reduces in china coins value increase in other place . Because if there is a less mining there will be less supply .