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.

Crypto, the owner of the channel in TG - https://t.me/+_UyFJXmIRz1hNjky

Interesting insight from Ki Young Ju. The dynamics of China's ban on crypto mining and its impact on global hashrate distribution are fascinating.