what will happen if governments ban crypto mining

in #miningban7 years ago (edited)

China issued a bitcoin ban last month.But it is still uncertain that they 'll go forward and ban cryptocurrency mining ban also.If it happens and all the other countries follow China the imapct will be huge on the value of the highly volatile currency.Some of the cryptos may even vanish and the many big mining rigs will be in great trouble.On the other hand, some cryptos will take advantage of the situation.For example, CPU mined coin such as Bytecoin ll enjoy the situation as anyone with a good computer can mine these coins.Hope the hard fork of Bitcoin will bring new cryptos with less difficulty and can be mined with a PC.I am still not sure of Electroneum and its Mobile based mining as actual mining is not happening in Phone.

Everyone please express your opinion regarding this matter.

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