I don’t understand why it matters if 50 or 80% of BTC is mined by individual miners within the geographical borders of China. It’s only relevant if a majority is controlled by a specific entity.https://twitter.com/Pinboard/status/1392211998595710976 …
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The word easily is doing a lot of work there. Could they shut down mining? Sure I can see that. How would they “take control”?
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Men with guns show up at the homes of the guys who run the pools and inform them of how things will work now. If The Man says a 51% attack will be executed, then the operators will do that.
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