Quote from: Rigon on Today at 10:54:09 AM

Quote from: coinremitter on Today at 05:45:15 AM

Mining is an extremely productive part of the business. Mining of cryptocurrency is the process of confirming transactions before they are placed on blockchain. China is the world’s largest producer of bitcoin mining. There are 6 major mining farms in china presently that produce 60 % of bitcoin supply all around the world!

What is your point of you on this?

As far as I know China is very behind in bitcoin mining. China was once the leader in Bitcoin mining, but when Bitcoin was banned in China, Bitcoin mining was destroyed. Some were jailed again. As a result of the ban, many miners do not keep bitcoins in their mines, which has already led to the collapse of bitcoin mining companies. Due to the ban some miners moved to different states and started mining there. Now as far as I know there are no miners or mining companies in China.

You may be somewhat true but there are many countries in the world where it is illegal to both use and generate bitcoins, then there are many people in those countries who generate and use bitcoins. I agree with you that when crypto was banned in China it had a huge impact on cryptocurrencies not just Bitcoin. But I heard many countries use bitcoins for cryptocurrency mining and trading.