A China Crackdown on Bitcoin Miners Would Reduce its Carbon Footprint

Michael Saylor believes that a China crackdown on BTC miners would reduce Bitcoin’s carbon footprint Such a move would also make mining profitable for other Bitcoin miners It would also eliminate the ‘nagging’ China FUD that arrives once or twice a year Bitcoin could soon drop to $20k levels The CEO of MicroStrategy, Michael Saylor, has explored a scenario whereby a crackdown on Bitcoin miners by the Chinese government, would actually be positive for the price of BTC, the mining […]