we have learned by all other countries.
governments dont care about bitcoin impact on their fiat. they have tax, minimum wage, legal tender laws to keep their fiat active and priority. bitcoin wont replace their fiat

as for energy. since 2014 bitcoin mining has not been a 'environmental  harm'.. most chinese mining farms used renewables from the beginning. they also were not "taking" electric away from residents because most farms were buying from the "excess" allotment not the residential/industrial allotment. this scheme of buying the excess was actually making a hydro power plant more money to then upgrade/expand because without buying the excess, the power would just go to waste.

its like having a vegetable farm. where by supermarkets only buy the quality veg, leaving the wonky veg. then a food producer buys the wonky veg. the act of buying wonky veg does not take anything away from supermarkets.

what china do not want is the residential hobby miners trying to run multiple asics on residential electric networks. causing brownouts.. so my two cents are mining licences which ban anyone from mining more then 3kwh from home.. and require a business licence and industrial electric contracts if they want to be farms

The China government can change their regulation from the prohibition of crypto mining become allowing crypto mining after they see what happened to the world and the countries that allow crypto in their country. They already made a mistake by prohibiting crypto in their country and if they want to allow people to use crypto and mining crypto, that will be their decision.

I do not think much about them, whether they revise their regulations or still prohibit crypto because that will not impact the crypto to grow. The other country allows crypto while they prohibit so they need to think twice because of their decision.

whether this is true or not, I don't think China will influence the crypto market anymore, so let them think about the decisions they have made so far, even if they don't ban bitcoin mining in the future I can only laugh at that

I'm glad to see that there are still people who think for themselves and don't blindly believe in what third-rate crypto portals like this are writing, and just for more profit trying to make a sensation out of every little thing. Bitcoin has never been dependent on China or the US, so it's really not clear to me why a good portion of the crypto community is so excited about what China will do about Bitcoin, or what it won't do.

If people still think that China has lost some profit because it has banned crypto trading and mining, it should look at how much Chinese GDP actually is and how much crypto has contributed to that. If we take the simplest example, miners mine about 27 000 BTC a month and earn a certain fee income - @stompix has calculated the exact amount somewhere, but even if China holds 100% of the mining capacity, the amount they would earn is quite trivial overall.

China ban Bitcoin and mining multiple times and they unban those activities many times too.

In the last year, China realized that they have problems with energy supply for the nation that triggered their serious actions against Bitcoin mining. Crisis comes and goes so we can not predict with their crisis will end and when they will unban Bitcoin mining but they will unban it.

At best, there's a discussion about it. I can see the article mentions they're seeking public opinion. But given how authoritarian China is, I'm not sure what 'public opinion' means. What if they only expect people to say that mining should stay banned and will censor anyone who has a different opinion? What if it's just a democracy stunt, not a real attempt to change anything?
I can see how China might be upset that the US is taking away this market, but I don't trust in public opinions in China.

This is the joke of the century and the Chinese government must be one of the most naive/goofy governments in the world for thinking to unban Bitcoin after banning it before.
I think they believe in the naive understanding of some people that the Chinese controls Bitcoin that's the reason why they are placing a ban on Bitcoin every time they wanted and the good thing is that their ban on Bitcoin mining which they are now planning to unban will make the mining system more decentralized.

Chinese are business minded so expect that they will do this since knowing how huge the profit they can get with crypto and they need to create hype right now as the market is so bullish so for sure they are earning on the current situation of the market. But be careful on the return since once they settle they will spread again the fuds about banning bitcoin,crypto or anything what they can use. So for that its good not to listen on what China said about in that article.

This China re-thinks its crypto strategy is bullshit posted by market manipulators. Nothing, absolutely nothing, indicates that China becomes more friendly to crypto. And that is good. Crypto and China just don't fit.

They should not have done that in the first place. China being the highest ranked mining hub, could have been different world when the prices hit the ATH last week. Just imagine if they still had those miners in the country then they would have earned handsome money. In the process considering the Chinese tracking system they would have easily traced the unattended taxes and gotten paid for the same. They would have flourished in all different ways I would say. There is no point in the current decision making process. Once you loose the faith from the regulatory bodies then you are literally left out with negativity.