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RE: China to ban Bitcoin mining, but that is actually very good news!
I find it amazing when we hear about China this or China that or India this or India that or the US this or the US that and there is no associated price action.
It is nice that we have come that far eh? Regarding China I think it has to do with the fact that China plays such a small role regarding bitcoin's price these days. China used to be something like 80% of the crypto market a few years back, now they are less than 10%. Once the miners are no longer able to exploit the cheap electricity rates there, China will literally be a non factor. I just hope they actually follow through with this news so we can watch the price of bitcoin climb on the backs of it. :)