RE: [0097] - China Shutting Down Bitcoin Mines, What Will be The Result?

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[0097] - China Shutting Down Bitcoin Mines, What Will be The Result?

in bitcoin •  7 years ago 

they might go to quebec .

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They will go somewhere. The issue though is that they won't be able to set up shop over night. Selling off / moving all those rigs will take time. And an interruption to the network. I think that interruption will be enough for other coins to gain more traction in the market.