Josemendez
Verified member
Bitcoin Mining has always been one of the ways by which bitcoin transaction is verified and new bitcoin released to the market. Many people have entered into bitcoin Mining in the past because of the profit in it amdist the high cost of setting up a mining rig.
Bitcoin miners received a big blow when the CEO of Tesla group made a tweet saying that bitcoin mining is harmful to the environment. This saw a country like China to ban Bitcoin mining in the country . Miners in the country were forced to move to a new country.
Do you think that banning bitcoin Mining is a good thing to be done ?
I believe that country like China shouldn't have banned bitcoin Mining but instead seek for a way to develop an eco-friendly mining process for bitcoin.
Canada and El Salvador have developed green energy for Mining bitcoin and this has attracted many miners to the country.
Bitcoin miners received a big blow when the CEO of Tesla group made a tweet saying that bitcoin mining is harmful to the environment. This saw a country like China to ban Bitcoin mining in the country . Miners in the country were forced to move to a new country.
Do you think that banning bitcoin Mining is a good thing to be done ?
I believe that country like China shouldn't have banned bitcoin Mining but instead seek for a way to develop an eco-friendly mining process for bitcoin.
Canada and El Salvador have developed green energy for Mining bitcoin and this has attracted many miners to the country.