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

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?