Kargai Posted January 5, 2018 #1 Posted January 5, 2018 Since months China take some political decisions against bitcoin and cryptos, one time it's against the exchange another one it's against BTC, and so on. The country was at the top of the biggest miners in the world but that could change because of that. Indeed when your business is on mining cryptos, it's always difficult to have to worry about the possibility that the next you'll have to shut everything down ... especially since officials plan to limit the industry’s power use. Bitmain, which runs China’s two largest bitcoin-mining collectives, is setting up regional headquarters in Singapore and now has mining operations in the U.S. and Canada. Source: https://www.bloomberg.com/news/articles/2018-01-05/bitcoin-miners-are-shifting-outside-china-amid-state-clampdown Imho from a decentralized point of view it's not a bad thing if mining power is more distributed than now. What do you think ?
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