At the close of June, China- The most populated country with the largest share of BTC Mining, ousted all its bitcoin miners under the new rising environmental health concerns.
This decision was received heavily throughout the world and immediately impacted the mining industry, stumbling crypto prices by a notable margin.
Michael Saylor himself, in all his crypto prominence, labeled this action as a Trillion dollar mistake that will cost China an opportunity other nations will jump onto.
True to the statement, miners started relocating to the US and Kazakhstan.
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