Quote from: n0nce on March 15, 2022, 07:13:44 PM

Quote from: LegendaryK on March 15, 2022, 07:03:49 PM

Kind of like the claims that the China PoW ban was fud and would never happen, until it did.

a PoW ban.
miners moved around the world, started back up, all working as designed.
Therefore, I'm not concerned a single bit about PoW bans honestly.

(how would you stop home mining?)
Industrial miners also put less stress on the grid

Either way, Bitcoin doesn't care where the hashpower comes from and it can't even be stopped if a country as large as China bans it.
That should be proof enough, isn't it?

You rambled a little, so I cleaned it up for the reply.

China did ban PoW mining. Fact
PoW Miners did leave China. Fact
You are not concerned,
1. You did not have to relocate.
2. You did not live on the same grid, where the PoW miners drove up the price of electricity for everyone on the specific grid not just other miners.
3. You did not suffer rolling blackouts during the cold/heat because of the PoW miners using excessive amounts of energy compared to the local populace.
4. You think calling everything FUD that is bad Public relations for BTC , will help make you rich. (Good Luck with that.)

Last Fact for you Governments won't care what you think when their energy resources are being exhausted and power grids are in danger of collapse.
Which is why their will be more PoW Bans , and more moving of miners, until they run out of places to move.
Will it take 1 year, 3 years, 5 years, or longer for a worldwide PoW ban, but that is an undeniably the final destination of PoW,
which is why any coin with a sane development team is moving to Proof of Stake.
As it happens a worldwide PoW ban would only ban bitcoin, as likely litecoin PoW miners just slowly go bankrupt after Doge converts to Proof of Stake and leaves them.

Home PoW mining was stopped by the Elites going industrial,
Home PoW miners that were spread further across the power grids, actually put less strain on the grid, mainly because they did not use industrial transformers limiting their ability to waste energy.
The Elite Miners would rather take the whole btc chain down with them than promote a longer run by returning to CPU only PoW,
but what do you expect when the PoW miners whole motive is pure greed.