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Tuesday, April 9, 2019

China wants to eliminate bitcoin mining.

https://sg.news.yahoo.com/china-says-wants-eliminate-bitcoin-mining-042048452--sector.html

Game over! China is eliminating bitcoin mining.  Maybe bitcoin mining is using too much energy in China that China wants to put a stop to it.  Maybe China wants to get out of this big Ponzi scheme and focus on real technology.  Anyway, this will force China miners to relocate to other countries and cause their electricity consumption to spike up.

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