Post
Topic
Board Economics
Re: Does China Control Bitcoin?
by
AjithBtc
on 12/07/2019, 15:48:58 UTC
It was true China having the majority of the mining power even after several issues that has arisen recently regarding the ban of bitcoin mining. Once China has got the increased number of users, but later due to some economic downfall they believed it is the bitcoin that is causing the economic collapse and began to restrict the use. Further citing the environmental pollution mining is restricted. If China hasn't contributed good during its early days bitcoin could've never grown this high.