China’s BTC miners control 66% of global hash rate

China’s BTC miners control 66% of global hash rate

According to a study by London-based digital asset manager CoinShares, Chinese Bitcoin miners are now responsible for controlling as much as 66% of global hash rate. China’s Sichuan province is accounting for over half the global hash rate. Hash rate is a measure referring to the overall computing power involved in validating transactions on the Bitcoin blockchain.

David
David
michael zubas
michael zubas 2 months

OOF

Edward Williams
Edward Williams 2 months

Uhoh...

yyyyyyy
yyyyyyy 2 months

so China can do a 51% attack?

I Am Grug
I Am Grug 2 months

Berry market ruled by small yellow tribe. Crypto berry bad investment.

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