Will China Ban Bitcoin Mining?!?!?
Word on the Crypto Streets is that the reason Chinese miners may be the next Target Along side the banning of ICO's and Local Bitcoin Exchanges. Right now in China 71% of total Bitcoin mining pools is access to low-priced electricity which makes it the most profitable country in the world to do Bitcoin Mining as of today.
With that being said it is well know that the fact that China has much cheaper energy prices that has provided chinese local miners a distinct upper hand advantage in Mining over their counterparts due to affordable costs. On the flipside right now the Chinese crackdown within banning of the ICO's plus Local Exchanges on Bitcoin and other digital currencies is brining major concerns in regards to mining operations that may soon be forced to disband therefore creating a ginormous void in the mining sphere as we know it today!
Crypto Car Video Ranting On About This Possibility that China May Put A Ban On Mining Bitcoin! Yea Dawg!
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