Quote from: philipma1957 on March 05, 2022, 11:17:07 PM

If Russia decides to cut the net off will its miners be cut off?
Will China 🇨🇳 help the miners in Russia out?
This war may finally be a real test for BTC.
Will Btc become a free world coin ?

Thank you for the questions!

1. If Russia decides to cut the net off will its miners be cut off?
- Some will be cut off, but then satellite internet will do the thing; however, due to the high cost and latency, I believe: (a) not all miners will be able to afford it (b) their luck will be lower, so miners in other countries will have a better probability of earning more.

2. Will China 🇨🇳 help the miners in Russia out?
- Very unlikely. From what I see China is really strict on mining. And Kazakhstan will not help either, they are having issues right now, so their miners are partially relocating to Russia even in these uncertain times.

3. This war may finally be a real test for BTC.
- Seems so. As long as we all have internet communication....

4. Will Btc become a free world coin ?
- Hope so.

Quote from: cryptobonus on March 13, 2022, 03:46:24 PM

Just amazing seeing these images, Wishing you guys the best of luck.

Thank you

Quote from: menoiazei on March 13, 2022, 07:34:31 PM

Some good questions and points here...
if Russia shuts net down how this would affect global mining picture I wonder??

with most governments trying to implement CBDCs and more and more countries recognising BTC as legal tender
bitcoin sooner than soon is to become the new world currency

1. if Russia shuts net down how this would affect global mining picture I wonder??
- That would make miners in other countries richer, but it is still not very likely to happen at this point. I can imagine Chinese version of firewall in place, which can be circumvented with VPN traffic or satellite internet.

2. with most governments trying to implement CBDCs and more and more countries recognising BTC as legal tender bitcoin sooner than soon is to become the new world currency
- We will know it is happening once oil and other important commodities will start trading for BTC.