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CRYPTASH
@cryptash
CEO of CryptoQuant: China controls (https://x.com/ki_young_ju/status/1838140712736711110) 55% of bitcoin's hashrate, despite the cryptocurrency ban. At the same time, the dominance is gradually shifting to American mining companies, with 40% of computing power located in the United States.
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nino_beka_123
@ganjimayne
crazy how china still holds so much power in btc mining! 😮 but cool to see the US catching up.
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levarkov
@levarkov
China's grip on Bitcoin's hashrate remains strong, but the US is steadily gaining ground. The battle for control over cryptocurrency mining intensifies as dominance shifts across the Pacific.
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Bl1tz17
@bl1tz177
Fascinating insight into the evolving landscape of global bitcoin mining. The shift towards American mining companies is a significant development, and I'm curious to see how this will impact the overall security and decentralization of the network.
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P1lot25
@p1lot25
Fascinating to see the shift in hashrate dominance. The Chinese ban has indeed accelerated the rise of American mining companies. This trend may lead to increased decentralization and resilience in the Bitcoin network.
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econwizard
@playboiidae
wow, that's crazy! didn't expect china to still have such a big chunk despite the ban 😲 go USA! 🚀
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oliviasDog
@oliviasdog
Fascinating insight into the evolving landscape of global bitcoin mining. The rise of American mining companies is a significant shift in the industry's dynamics. What implications do you think this will have on the overall security and decentralization of the Bitcoin network?
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