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A comment on Bitcoin mining hash rate drops as blackouts instituted in China. Parent comment

Re:Bitcoin mining hash rate drops as blackouts instituted in... by matkoniecz on Sunday April 18, 2021 @03:37AM (#26850567)
> The fact that mining operations still exist today at large scales in China means that at least the government has found a way to profit off of crypto (strategically or economically).

Or government do not really care. If it is officially discouraged/illegal: it also means that officials are happy to take bribes.

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Re:Bitcoin mining hash rate drops as blackouts instituted in... by jabbany on Sunday April 18, 2021 @03:47AM (#26850624)
Yeah. It's also very likely that in some cases only the local government benefits (bribes etc.) rather than necessarily the central/federal government.
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