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To: C210N

There is “China cracking down on Bitcoin” news about every 6 months dating back to 2017.

There are 10K BTC nodes spread out across the world (including my house). Mining is concentrated in low-cost electricity areas (i.e. China excess hydro). China currently at 65% of hash rate worldwide and I doubt that the CCP will want give up the revenue from it (they may “nationalize” tho.). If so Iceland (or Texas) will pick up the slack.

https://bitnodes.io

https://chainbulletin.com/bitcoin-mining-map/

https://bitcoinmagazine.com/business/texas-a-mecca-for-bitcoin-mining

(2017) https://www.cnet.com/news/bitcoin-takes-a-hit-as-china-bans-digital-tokens/


11 posted on 05/27/2021 6:47:29 PM PDT by Drago
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To: Drago
Hey, then. perhaps the loss of the 3GD would make mining ops like yours even more prized, and the BTC price will skyrocket.

Video Simulation after 3 Gorges Dam Collapse

Vid is from July 2020. Could this be a planned event? I've heard evacuations are ongoing, and a professional simulation and resulting youtube vid can only facilitate that.

12 posted on 05/27/2021 9:11:28 PM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both)
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