Yeah, at least there is no single country that has the total monopoly of bitcoin mining. If I'm not mistaken, China or at least the Chinese miners control 60%-70% of it.
If we assume that 20% of miners are not willing to relocate and call it quits (sell all their btc mined) and the remaining 80% relocate (and sell a portion to fund relocation costs), seems like this would cause a lot of selling pressure. Thoughts on this?