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RE: China's Crackdown on Crypto-Mining Threatens Bitcoin's Future

in #china7 years ago

First, miners think this is good news, difficulty of hash target goes down since aggregate hashing power goes way down, enough to meet the 10 minute block confirmation rule, this is hardly a leading indicator of a PoW blockchain fail, certainly for PoS, DPoS, PoBr, and hashgraph this means NOTHING