You are viewing a single comment's thread from:

RE: China and Bitcoin

in #bitcoin9 years ago

The thing is if a large chunk of mining activity is clustered on a single place, a country can induce influence over the market indirectly. That is he reason why mining cryptos should.be more fair to everyone to avoid centralisation.

I just hope that all countries would adopt bitcoin soon. If more people are able to mine and run the network, the less likely it would be for a single country to control bitcoin.

Coin Marketplace

STEEM 0.04
TRX 0.32
JST 0.097
BTC 63789.91
ETH 1863.22
USDT 1.00
SBD 0.38