In a nutshell, Bitcoin would adapt.

Let us consider the actual ramifications of this scenario. At present, we have seen so called "mining bans" occur with the predictable impact on price. The psychological impact of news like this is the biggest component; confidence in Bitcoin is undermined whenever significant, especially restrictive regulation hits the news cycle. The network itself never suffers any real harm, and the hash rate eventually balances out as miners simply move to a new jurisdiction where mining is permitted.

So what about a scenario where mining is outlawed on a global scale? Be it due to environmental concerns, financial regulation, or any number of unforeseen reasons? Always remember, bitcoin is a living and breathing thing. If the consensus method (proof of work) is the problem, we can easily fork and change to a new method. It's hard to believe that the community would give up on this grand experiment so easily, given the trials and tribulations we have gone through so far to get here. Bitcoin is far from set in stone. And as it continues to evolve, we will undergo a number of radical changes to create the most perfect network we can achieve.

Where others see risk someone else will see an opportunity, it is going to be almost impossible to have a complete ban of mining all over the world, at some point some countries will look at the mining industry and will see in it a way to get revenue, and as such they will allow miners to stay in their country, now this could rise the costs of mining, which means only the most efficient miners will survive, but this is nothing really new at all.

From the perspective of these countries, they believe that bitcoin mined with their own resources will be exchanged for dollars triggered at any time. With the continuous issuance of US dollars, the price of bitcoin has been soaring. After their nationals bought bitcoin, the value of bitcoin fell, and finally the assets in people's hands decreased. These countries believe that their resources have been stolen. I guess so.

They will pronounce it illegal if that will harm us but since it could provide us a good living for miners, that is certainly impossible it will be banned globally. That what-if question is only for those who are doubtful in the market and only the thing they just think is negative.

Cryptocurrencies have been grown wild and getting spread across the globe which means that every government is already aware of its capabilities. And upon seeing the support of some countries (developing countries) the more we are comfortable that the crypto mining industry will grow as well.

True that. Even after China banned the mining of Bitcoin, has it not recovered after then? all this negative news will always follow Bitcoin for now until there is no other negative FUD to peddle about Bitcoin and as you said until it actually happens that crypto mining has been banned all over those countries which I also think is unlikely, it is good to have a positive mindset about your investment so you don't act irrationally.   

You are right, in fact this would be a great deal for El Salvador, also that there will always be ways to mine BTC so that everyone can have their transactions quickly and safely, in the case of Venezuela their government is mining, and has such control It is It is very good that everyone who decides to engage in mining has to register with SUNACRIP, this as to maintain control, otherwise if they do not do so it would be considered almost a crime, where the person or persons will be imprisoned.

In the end, a country that prohibits its residents from doing crypto mining will not stop the population using cypto. Because just like
the residents of China where their country's government forbids crypto mining, Finally, it was found that many Chinese residents moved
their mining place to other countries or even Chinese residents did it in secret. Even though if it is legalized there will be benefits that
the Chinese government can get, starting from the increase in tax income and also the economy of the Chinese population will be much
more improved. Sometimes as the holder of power, they have to be able to think wisely and be able to make decisions that do not harm
the population. It seems that the Chinese government is too selfish and did not think long about the decision to ban crypto mining.
Don't let China regret seeing other countries that legalize crypto mining,  because the country has progressed, and the economy has
increased significantly.

I would rather have us not get ahead of ourselves in this assumption. I understand the fear of many but we have also seen cryptocurrencies adopted as a legal tender, well Bitcoin to be precise so if this is the case, maybe just that one country will be the haven for all miners peradventure what you are thinking happens which I doubt anyways will happen besides I believe other countries even if they have not adopted Bitcoin as a legal tender but they are not against it either, so I believe we are good.

Mining is dependent on the price not the other way around.
Plus, unlike oil the price will not rise like in the case of half of the OPEC cutting drilling, after one epoch and difficulty adjustment the network will run just as it did previously, 1 million miners or 10 000 after adjustments it will be the same, the only thing that will change will be the security of the network.


Yeah, that's what you're going to believe if you trust the bs Bukele spreads all day..
He claimed he had a 200MW drilled and ready to mine bitcoin back in July...where is it?

Salvador total energy production from geothermal (cause Vulcano energy is geothermal) is just 644 MW, assuming all that will be used for mining so current users will have to switch to something else, and 100% capacity factor you have 5Twh. Compared to 200, is 2.5%.

Countries editing the power? At what price? 

I think mining activity should be outlawed, because no one is harmed directly by it, I mean, mining could become a real job one day. After all, with the presence of miners, their existence will strengthen the work of the blockchain itself, in a certain ratio. So I don't agree with those who limit mining activities in their area, just free opinions, not meant to offend.