It looks like more and more people are accepting bitcoin. I think in China they will be paid better if they paid in bitcoin and they migh t pay little or even no tax. No banking fees or large transfer fees and its quick and easy. Remember they a pool country so dealing with money in an easy way like bitcoin makes a lot of sense.
Yes that can be right, it is also a fact that the number of Chines are more than any other country of the world, and they are using bitcoin as a currency that is really more convenient for them to use it according to their needs, they are really making their lives more and simpler. So, obviously they are contributing into bitcoin price increases.This is way, bitcoin might got spread out into Chinese people more. So they are obviously contributing to demand of crypto currencies
if in your city you see someone has a successful business of any kind and he is earning good money from his business, will you start getting into that business also? the same is true about bitcoin. and a mining farm is not a crazy amount of profit as you may think compared to many other businesses out there.
those mining farms have sweat their asses off to be where they are right now, they had to grease so many hands and kiss so many bottoms to get some of their contracts like their electricity
