This. I have a gut feeling that a lot of mining rigs were bought with credit and haven’t paid for themselves yet. Those rigs will find a new asset to mine rather than being dumped. Outlawing mining is the only thing I see that causes prices to move downward
Like how China banned it in May, and it has been creeping back?
You can't ban mining. At least not in any jurisdiction with free speech type laws.
Be careful what you are asking for -- the ability to run arbitrary software should not be controlled by governments.
