Will the US ban Bitcoin mining?

https://twitter.com/smdiehl/status/1568622062612418561

Let's find out.

What is Bitcoin mining?

https://twitter.com/Dennis_Porter_/status/1567997370037837826

It is a validating process for Bitcoin transactions to go through; nodes are miners working to resolve computer puzzle games and try to guess the correct number of sequences to process the payment.

It is a technology advancement and energy consumption game.

Master two factors that will help you to win the game:

• faster speed of the computer power

• a large amount of energy consumption

Both factors bring down the cost of obtaining Bitcoin, making the process financially feasible.

It means Bitcoin needs to stay at a certain price level to make participants contribute to the mining game.

https://twitter.com/DrProfitCrypto/status/1567309887679463426

Creator's assumption

https://twitter.com/DocumentingBTC/status/1373701437956456449

Satoshi argued that Bitcoin mining mimics gold mining. The assumption was built on the top that Bitcoin worthed more than the energy consumption contributed.

https://twitter.com/DocumentingBTC/status/1440687776144318488

Current energy crisis

https://twitter.com/EcoSenseNow/status/1566078202132701185

Europe is facing its energy crisis and likely has no solution in the short term.

https://twitter.com/theGrit_music/status/1568521612550340608

There is no way to walk around the crisis but to continue spending more money, increasing inflation more.

Or we are in miracles to find an infinite energy pump - nuclear energy.

Or simply, everyone turns the light off during the night.

Or find alternative energy suppliers like this:

https://twitter.com/roberto_saudi/status/1568588433328586752

Why banning Bitcoin Mining

The real deal behind the ban is that if Bitcoin has more incentives, energy companies will mine Bitcoin through the government incentives program, which results from the government investment in Bitcoin.

Banning Bitcoin mining can stop energy companies from accessing Bitcoin directly through the government's funds which are opposite to what the Government intents to achieve.

There are many other debates on Bitcoin mining, but the main point is that when the government prints more money, it should not directly go into the mining business.

https://twitter.com/BitcoinRothbard/status/1568319110571851776

The government will not care of 0.1% of energy consumption but the future of how Bitcoin grows.

https://twitter.com/bitcoinkatee/status/1567920531185324032

In Conclusion

Of course, that is just my first reaction, and I may be wrong about it. What do you think?