Blockchain, mining and the network ?

in #cryptocurrency7 years ago (edited)

So I just wanna put this out here and I hope to get a response. I was thinking miners on any crypto network basically connect and verify transaction in the blockchain right? , what I want to know, is that say governments decide to come down hard on crypto currencies and decide to regulate everything, is there any way to stop a miner from connecting to their blockchain network, for example, what if the internet service provider blocks the miner from accessing that specific network ?

Could this threaten the continuity of cryptocurrencies?

Please resteem so that I can get more responses

Sort:  

That would be an extremely unpractical way of attacking cryptos. Mining is done in almost every country in the world, a single government can't really stop it

True, but what if the satellites that internet service providers use are barred from accessing crypto networks ?

Also, do you think it's possible ?

I don't think this is possible. It would be like herding cats to get all countries to agree. if they did try it you would see it a mile away. There are too many millionaires and billionaires involved in crypto businesses to fight it in the courts.

Coin Marketplace

STEEM 0.20
TRX 0.25
JST 0.039
BTC 97356.48
ETH 3462.13
USDT 1.00
SBD 3.26