Moneybadger don't give a fuck.
These are fantastic news for Bitcoin:
Bitcoin mining gets more descentralized.
Bitcoin mining gets more clean (renewable energy sources).
Bitcoin miners in other countries become more profitable.
Bitcoin miners all around the world get cheap mining rigs from China.
Mining difficulty automatically adjusts as per protocol, neutralizing the effects of less (or more) mining rigs coming on/off line.
This kills the FUD about: “China controls Bitcoin!” (China will have no miners, no exchanges, no nothing to ‘control’)
This kills the FUD about: “Bitcoin uses dirty energy!” (Bitcoin mining uses mainly clean energy but in China part of the mining was being done with coal).
This kills the recurrent FUD: “China bans Bitcoin!” (there’s nothing left to ‘ban’ for them in the future).
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