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Bitcoin Rises After China Region Declares War on Crypto Mining

Bitcoin Rises After China Region Declares War on Crypto Mining



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6 Comments

  1. I would recommend looking at mining stocks such as Hut8, Hive, Argo and Mara just to name a few, for those that haven’t yet. It’s like BTC/ETH leveraged, with a lot less to lose IMO.

  2. Can someone explain to me why bitcoin would go up if china is shutting down miners?

    Less miners=longer transactions…. Maybe its good for bitcoin miners not in China. Also doesn’t it increase the risk of mining pools getting too large?

  3. Can’t help but wonder what would happen if China confiscated miner’s facilities. Judging by Hong Kong they are willing to cross the line to continue their power control.

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