zforce on Nostr: #[0] #[1] just finished RHR247, had a thought about Bitcoin mining legislation. ...
MartyBent (npub1guh…6hjy) ODELL (npub1qny…95gx) just finished RHR247, had a thought about Bitcoin mining legislation.
Wouldn’t harsh state legislation against miners contribute to further global hash rate dispersion? Taxes and limitations incentivize miners to move to more friendly jurisdictions, just like what happened with China in 2021.
I’d love to see Foundry USA specifically lose a bit of its hash dominance, as I don’t support their fairly captured high KYC entry business model.
Am I misinterpreting something?
Wouldn’t harsh state legislation against miners contribute to further global hash rate dispersion? Taxes and limitations incentivize miners to move to more friendly jurisdictions, just like what happened with China in 2021.
I’d love to see Foundry USA specifically lose a bit of its hash dominance, as I don’t support their fairly captured high KYC entry business model.
Am I misinterpreting something?