Quote from: cabron on Today at 09:48:09 AM

Quote from: Bttzed03 on Today at 05:46:17 AM

Quote from: cabron on Today at 03:49:43 AM

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It can't be true because the country is among the top countries with coal reserves.

All of sudden the news comes after they were heavily doing BTC mining. Is the big man up above pulling all the strings on the poor countries?

Good argument but that doesn't mean they have to tap those reserves to provide more electricity. They could probably consume more from what they produced yearly to accommodate BTC mining but that would also decrease what they could add to their reserves.

Quote from: cabron on Today at 03:49:43 AM

I have the feeling that in the next few more years, only the governments are the ones mining Bitcoin and the people are just going to be the holders and making transactions.

It's quite ironic that they will mine something they do not want to be spent by the people. They will have to pass law recognizing BTC as a legal tender before they start taking over mining.

Wasn't there a mining council already which if the government took over this economy, they can ban anyone who can try setting up farms.

Obviously, China is the first to have banned BTC and crypto transactions but when the US will also ban everything all because of the power shortages, it's a superficial reason but this is when the government could step in. Remember that SEC will do everything to get things done. Even when institutions are doing ETF already SEC is just not bending all these, they are up to something.

Why all of a sudden they are trying to have these green energy regulations, do you think other countries will follow this mandatory? Every country is trying to get ahead of everyone else. No one is going stop coal or fossil fuels. IF the US wants to stop, they should set an example so why is their carbon emission still that high?

I'm not sure why the jump to BMC and the US from Kazakhstan's coal.

Banning all miners and taking over may or may not happen. What I'm saying is that before they start making such move, they should lay out the laws which officially recognizes BTC as a legal form of payment. It's contradictory if the Government spend a lot from the national treasury to maintain these mining farms but the product (BTC) is banned by Banks and other financial institutions.