Author

Topic: bitcoin mining in china (Read 504 times)

sr. member
Activity: 1008
Merit: 355
September 29, 2017, 09:23:54 PM
#2
if china closes the bitcoin mining, what would the fate of our transaction be, would be a long time to process, because we know the largest bitcointer mining is in china, hopefully that is closed only exchange btcchina do not go to bitcoin mining
what do you think if this happens?

There is actually no indication that China would be banning Bitcoin mining though it is quite hard to estimate the mindset of the Chinese government as what happened with the ICO and exchanges ban. However, I would be happy actually if the government would also let the mining go so that other countries can be taking the lead in this sector as we are experiencing the imbalance of power and influence when there is a great concentration of Chinese miners (just my opinion though).
full member
Activity: 246
Merit: 100
September 29, 2017, 04:40:42 AM
#1
if china closes the bitcoin mining, what would the fate of our transaction be, would be a long time to process, because we know the largest bitcointer mining is in china, hopefully that is closed only exchange btcchina do not go to bitcoin mining
what do you think if this happens?
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