Quote from: avikz on June 23, 2021, 12:17:00 PM

Not good! We wouldn't want Chinese miners to enter the bitcoin market again. No matter the location, the miners will be under Chinese control which is not really desirable. The market will be impacted at first but will rejoice later.

So bottom line you're just like the Chinese government.
You would want to be able to select the one's mining, a pre-approved contract with their social score where they must show they're bitcoin supporters, believe in satoshi's prophecies, and have them swear an oath on a private key!

Do you realize these Chinese miners, those miners in China, with all the bad things coming from here were the ones giving the bitcoin blockchain its security? Everyone here was talking about how it's so expensive to attack the chain as you would need billions in equipment and power, now that whole number has split in half and maybe even worse, do you feel safer now with miners fleeing China but with enough hash power to actually do a 51% waiting now on the side?

Quote from: SFR10 on Today at 07:06:30 AM

IMO, Texas isn't a suitable location; AFAIK, they have their own issues when it comes to power outages.

Texas generates twice as much power as Kazachstan, they have far more unused spare capacity available, and let's not even compare the US when it comes to stability and long-term business planning to Kazakhstan. Besides, there is no way Kazachstan would be able to power even half of all the miners that were mining just a month ago, they simply lack the capacity to do so.