bitcoin mining has not been a CHINA thing for a couple years now.
will people stop living in propoganda past
You sure about that? China remains the leader in Bitcoin mining, as per the latest available data. Earlier this year, Jordan Tuwiner estimated that China contributes to 81% of the mining hash power. Just check the below image, and you'll see that the largest mining pools are all from China:
[im g width=600]https://www.buybitcoinworldwide.com/wp-content/uploads/2017/02/pools1.png[/img]
Wow, I never really knew about this and if you data is accurate, then their ban will have a major effect on the market supply, demand will really become high leading to an increase in the cost of BTC, but since it is still a rumor as many people claim, the effect might not be now until future, we will be able to notice its significant effect on the price of the coin they mine the most which I believe should be bitcoin.
It’s a good news for present holdlers but won’t be too good for those who are yet to invest, has the coin may become too expensive for them to hold 1 of it. Giving chance to more purchase of altcoins, so altcoins holders too may feel the effect too in the long run, but why would china want to do so?
