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Re:China will likely ban all Bitcoin mining soon by templarchamp on Monday May 24, 2021 @01:52PM (#27267518)
Electricity is subsidized in many developing countries and the miners significantly siphon off of the primary resource that keeps them(farmers and others who come out of the poverty cycle) going, significantly increasing the odds against such people. Why did it take so long? India and many other countries would ban them outright - sooner or later.

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