pull down to refresh
51 sats \ 0 replies \ @028559d218 OP 17h \ parent \ on: The "Silver Lining" to the Tariffs - forcing Hashrate OUT of the United States bitcoin_Mining
According to "Bitcoin Mechanic" (I'm just going of of Twitter) it's not in their interest to avoid regulatory capture. It's 'cheaper' to just stay in Foundry to avoid the regulatory scrutiny rather than risk mining,,, 'forbidden' transactions that require lawyer intervention/additional costs.
Therefore the only thing they care about is the 'bottom line' which the tariffs which will impact.
That plus the 9 blocks in a row is unacceptable.
I rather Bitcoin/Antpool be huge than have everything concentrated in the US. The US government will have an interest in mining eventually regardless... and it's important 'unfriendly nations' have mining/blockspace access to keep the thing trustless.