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RE: CHINA WANTS TO BAN CRYPTO AND YET: “China's Crypto Funds Try Lending to Beat Bear Market; $60 Million and Rising“

in #crypto • 5 years ago

Question is how big the share of demand comes from miners, might be even negligible given an increasing transaction volume...

5 years ago in #crypto by
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     5 years ago 

    70% of the hash for Bitcoin comes from China, the truth is that if China gets to ban Bitcoin mining, the price of BTC will sky rock until the 70% of hash power gets reinstated around the world. BRING IT ON CHINA!!

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