Quote from: tungaqhd on January 10, 2020, 08:18:45 PM

Quote from: mrquackquack on January 10, 2020, 01:42:56 PM

Seemingly in the news we hear how China is anti Bitcoin and anti cryptocurrency and well that may be all well and true but for an anti Bitcoin Country they sure do have lots of hash. In the Top 10 mining Pools in the world China has around 4 maybe even more. Which comes to the question what is really going on in China & The Bitcoin. As usual thoughts and comments are more than welcome. Thanks.

China has banned many crypto mining companies due to electricity problems, however i think the governments want to take affect on Bitcoin, keep it far from their country.

Apart from electricity problems, there is also the possibility that China has banned bitcoin mining in the country as one of its concerns about the process of making its digital currency, because previously we also heard that they would make their own digital currencies with blockchain technology that can be controlled by organizations center.