Seems the dominance of China in cryptocurrencies mining will soon be over, I am happy to have entered Envion ICO (https://www.envion.org) a few hours before this was announced.
No doubt that some weird variation of some coins last couple of days was cause by this situation, but like the old saying goes, one man disgrace is another man future and this will open up doors to many people waiting to invest in crypto-mining.
"The Chinese government has asked Bitcoin mining business operators to leave the mining industry over concerns. Mining is consuming too much energy and contributing to the country’s pollution problem. The move has exposed the fragility of the crypto mining industry and an “exodus” of miners is expected in the coming days. Envion is ready to fill in the gap when the estimated 70% of Bitcoin mining that occurs in China is forced to shut down."
