Ethereum World News
2021-05-23 12:54:00

A China Crackdown on Bitcoin Miners Would Reduce its Carbon Footprint

Michael Saylor believes that a China crackdown on BTC miners would reduce Bitcoin’s carbon footprint Such a move would also make mining profitable for other Bitcoin miners It would also eliminate the ‘nagging’ China FUD that arrives once or twice a year Bitcoin could soon drop to $20k levels The CEO of MicroStrategy, Michael Saylor, has explored a scenario whereby a crackdown on Bitcoin miners by the Chinese government, would actually be positive for the price of BTC, the mining […]

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