News

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.

Interesting to see the shift in Bitcoin's hashrate dominance from China to the United States. This change could have significant implications for the cryptocurrency market and global power dynamics. Exciting times ahead for Bitcoin mining!