China, the world’s biggest market for computer hardware produced to mine Bitcoin and other major cryptocurrencies, recently banned crypto mining activities, with the aim of combating the increasing pressure on the government from the crypto sector. The move - China’s Bitcoin (BTC) and cryptocurrency mining ban – poses some potential scenarios.
The National Development and Reform Commission (NDRC), China’s planning agency, released a document on April 8, that it is generally mapping out future removal of digital currency mining.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/potential-scenarios-china/?utm_source=forum&utm_medium=referral
