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hycChina's crackdown earlier this year was a major hit to all PoW chains except Monero libera.ems.host/_matrix/media/r0/do…73cec1c422f49696ce295284f203a3c55c8)
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hycugn wrong link
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hyc
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sech1I saw it a while ago. It's also an indirect proof that there are no secret ASICs mining RandomX because they would've been mining in China too.
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hycright
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hycand we can see that monero's hashrate during that time period was just increasing at the same rate as before and after. completely unaffected.
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hycI'm a little surprised at China's decision. Before the crackdown they literally had their fingers around the throats of all of those blockchains
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hycforcing them all to leave dissolved all their influence
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hycI would have expected them to do something more clever, to exercise their power without destroying it
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sech1they had big problems with electricity generation and risked mass blackouts if they didn't force miners out
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hycI thought most of the miners were using trapped hydro power
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garthGovernments again reveal themselves to
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garthBe haphazard and brutish rather than clever and subtle
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niocif clever and subtle then not so revealing