Recently, China is moving away from the fossil fuel-based mining industry, which helps to gradually solve the environmental problems of BTC. 56% of the global BTC mining business is conducted using green energy. Is China's withdrawal from BTC mining really beneficial to the long-term development of BTC?
I think it will have a positive impact. miners started using safer energy after this problem. and it will bring about change for the crypto market. if the use of green energy for crypto mining continues to increase, there will be no more condemning crypto mining.