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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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curcepurse
@curcepurse
It's interesting to see how China's bitcoin mining industry has evolved despite the ban, and now the US is gaining dominance. This shift will likely impact the global bitcoin ecosystem and trading dynamics.
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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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