This is just another example that proves that decentralized currencies like Bitcoin cannot be controlled or banned. People will simply switch countries. What about the possibility that they all will? That wont happen. There is so much money involved that some country will see an opportunity to profit where others dont. It really is that simple.
Of course, we know that Chinese mining isnt going away. Instead, the Chinese government got their hands on the operations and are taking over exactly per their typical mode of operation.
People who think that regulation is going to kill bitcoin are sadly mistaken. Why do you think the bankers are hitting the bitcoin is worthless but we think the blockchain has possibilities mantra?
Simply because they know their government cronies cant do anything about it.