A major shift in location could actually good for Bitcoin as major miners are now leaving China following the country’s crackdown on mining Bitcoin. Galaxy Digital CEO Mike Novogratz has echoed other experts and is calling the migration to different places on the planet, a possible positive development. Novogratz mentioned on Bloomberg that China’s crackdown on just about everything, like banning mining, banning leverage, and even banning Bitcoin in some places, has not really affected Bitcoin that much. “It still exists, it survived”, said Novogratz. He even said that that…
China’s Big Miner Exodus Could be a ”Big Net Postive for the Ecosystem,” Says Mike Novogratz – Blockchain News, Opinion, TV and Jobs
