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

Quote from: Nora Olin on June 23, 2021, 06:13:19 AM

After shutting down in Sichuan, a Chinese firm has successfully shipped 300 #Bitcoin miners to Kazakhstan. Over 2,000 more are on their way.Sounds Good Grin

https://bitcoinmagazine.com/business/bit-mining-moves-to-kazakhstan

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.

Since the Chinese have their own version of everything, even Google, they must enjoy with their own version of digital yuan. Or they can create their own version of bitcoin and can name it as shitcoin!

Nah it is not fuck the Chinese as much as it is fuck bitmain.

Bitmain wields too much power and influence on mining ⛏ in general.

Three or four large cloud deals gives them way too much influence on hashrates.

along with build the gear ability . and cheap power deals

they are a triple threat.