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RE: New China FUD: How hard will BITCOIN CRASH if China bans mining? - CEO of Chinese exchange says we are fu*ked - OTC trading banned! - Is Japanese volume temporary?
I lived in China for 9 years, based on my experience I don't think they'll ban mining. China is much more relaxed on what it produces for export than what it sells domestically. Have a look where most of the world's steroids are produced. The govt will turn a blind eye to that, as long as it's for export. So I'd apply the same to mining. Make it, sell it, but don't use it.
That's an interesting perspective! You might be right... let's hope you are right.