It is going to be fun when the Chinese government realizes that they can forcefully shutdown >60% of the mining power by hunting down the pool operators and the actual miners.
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It is going to be fun when the Chinese government realizes that they can forcefully shutdown >60% of the mining power by hunting down the pool operators and the actual miners.
China has gone from third world to a major power in a generation. They have to know why. You reckon they'll jepordize that?
Questions is rather, do they fear bitcoin for the uncontrollable power it gives to the people?
I don't know the answer, and I also don't know if they would want to harm the network, all I know is that bitcoin is a $10B network that claims to be decentralized even though the Chinese government could run for the major block producers.