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Bitcoin Discussion
Re: China refuses mining?
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Xxmodded
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24/04/2019, 12:27:36 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
seriously? China still has an influence on the crypto industry especially for bitcoin?
I think the main problem we face is not that. because in my view China has no longer had a major influence to destroy bitcoin as it did in mid 2017.