What happening in China is a great example of a total ban scenario. It's not the same as carbon regulations. But it does show that without off-grid electricity, mining in China would likely have stayed near 0%.
✅Mining initially dropped to 0%.
✅Mining in china resumed using off-grid electricity.
Citation:
“Access to off-grid electricity and geographically scattered small-scale operations are among the major means used by underground miners to hide their operations from authorities and circumvent the ban," the CCAF said in a statement.
The sudden drop to 0% in July and August followed by a swift increase in the subsequent months suggests mining firms may have been operating covertly