Best Chance For America to Lead Bitcoin Mining (Huge Misstep from China)
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0:00 Intro
1:16 Saving habits
1:50 Mining in China and US
3:59 Mining in the USA during pandemic
6:14 Best places for mining in the USA
What is your favorite board game? What is the hardest one to master? If you live in the West, the answer is Chess. It’s linear, has many rules and it a game of conquest by attrition, you win by capturing your opponents valuable pieces. But if you live in the East, the answer is a game called GO. It’s an assymetrical game of conquest and you win not by capturing high value pieces, but by denial of area, the winner controls the most surface area of the board. Two games with different styles that not only influence cultures but the way people think. For the longest time China has commanded more and more of the Bitcoin Hashrate, at one point commanding over 60% of the network. But now the Communist party has changed tactics and have made all crypto-mining illegal. Did the Chinese Communist Party just make a BLUNDER that could put America back in the running for Bitcoin Mining dominance? Or are they positioning themselves to gain more ground elsewhere?
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