Ninjastic
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Board Bitcoin Discussion
Re: China refuses mining?
by
drumamat
on 30/04/2019, 05:24:14 UTC
Quote from: syamster on April 29, 2019, 05:56:00 PM
Quote from: Xxmodded on April 24, 2019, 12:27:36 PM
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.
Well I think this is not true news because it is fake, china is showing great interest in crypto currency, we can see china is developing more and more in crypto currency, we should try to leave this all and spread only wise and good news in market, invest when you see progressive increment is being done with crypto currency.
One is not always news only wise and good.News is news regardless of whether it is good or bad.Everyone agrees that China is interested in cryptocurrency, but mining is an integral part of cryptocurrency in which China occupies the 1st place.And the rejection of mining really takes place.Therefore, to deny the fact that China can really abandon mining is not worth it.