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Just curious how flexible current bitcoin mining companies are in the USA to get up and relocate if there were a federal ban on bitcoin mining?

Has this been thought out and explored?

I know when China banned bitcoin mining in 2021 there were some miners that didn’t have a plan B right away.

Having a plan b would be criticism to maintain the hash rate!

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Discussion

GrayRuby 2y ago

Interesting thought experiment but I think it is highly unlikely as states would fight a federal ban.

Paul 2y ago

Right, just like many companies in the United States have disaster recovery plans in case something happens, this in my opinion should be apart of the blueprint for bitcoin mining companies.