Post
Topic
Board Bitcoin Discussion
Re: Does mining gets affected?
by
Poker Player
on 23/03/2022, 03:56:33 UTC
I think its unlikely to make a noticeable change if 1) you aren't looking too close and 2) you aren't running a serious mining firm in Kazakhstan.

Since the largescale interruption of the Chinese markets hasn't made *that* much difference, I find it hard to believe this will have much effect on btc at large.

I'm not so sure about that, Kazakhstan had 8% of the world's mining last January. If that 8% goes to almost 0, something should be noticed. I don't know why you say that China was not so noticeable. The drop in hashrate was noticed and quite a lot, and it was also noticed in the price as FUD occurred and at least some miners sold Bitcoins that would normally have been HODL in order to finance the move.