Bitcoin Mining Dominance Shifts to US as China's Bitcoin Hashrate Surges 55%
China’s Bitcoin Mining: Massive Growth Amid Ban According to Ki Young Ju, the CEO of CryptoQuant, Chinese mining pools still control 55% of the global Bitcoin mining network. This revelation is startling, given China’s aggressive anti-crypto measures in recent years. #Bitcoin hashrate dominance is shifting to U.S. mining companies. Chinese mining pools operate 55% of...