But it is quite easy.
There should just be a state owned miner.
This way they can get their share and the network grows. Everyone wins.
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But it is quite easy.
There should just be a state owned miner.
This way they can get their share and the network grows. Everyone wins.
Like what they are doing in China ;)
Are you sure about that?
For sure there is much regulation and control. But there are also much opportunities for private investors.
Private investors do operate these Chinese bitcoin mines. But it is under the encouragement of the Chinese government. Who is to say that these energy intensive businesses operating in far flung Chinese towns had some investment directly or indirectly from local officials
https://www.washingtonpost.com/world/asia_pacific/in-chinas-tibetan-highlands-the-bizarre-world-of-bitcoin-mining-finds-a-new-home/2016/09/12/7729cbea-657e-11e6-b4d8-33e931b5a26d_story.html?utm_term=.5f3e7145656f
Thanks. Interesting link