China was quickly humbled

We always catch up to the hashrate....

This is also because China never actually banned Bitcoin or Bitcoin mining - they just cracked down on and seized or resold the operations of Bitcoin miners who were not politically well connected or who had failed the line the right pockets…

Putin: Who can ban bitcoin? Nobody

“China keeps it real… but it turned out that the rest of the world kept it real-er”

-Chappelle Show