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Why Bitcoiners Are Rooting for This Latest China Mining Ban to Finally, Actually Be Real

Could new pressure from the CCP remove coal-powered hash power from the bitcoin mix?

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Could new pressure from the CCP remove coal-powered hash power from the bitcoin mix?

This episode is sponsored by Nexo.io.

This week has been China story after China story in the world of crypto. Increasingly, NLW argues, bitcoiners are getting sick of the baggage that Chinese mining and Chinese state involvement place on bitcoin and crypto as a whole. In this episode, he looks at the latest news from China and points to interpretations from a number of voices that show why what appears to be FUD could actually be a welcomed development.

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