A Single Province in China Controls 54% of Bitcoin’s Hash Rate ?

A single province in China controls 54 percent of Bitcoin’s hash rate

According to CoinShare’s data shared with Hard Fork, Bitcoin miners in Sichuan, China are responsible for 54 percent of its global hash rate.

“Out of the remaining 35 percent of [global] miners, we estimate that 31 percent of global [hash rate] production is evenly split between Washington, New York, British Columbia, Alberta, Quebec, Newfoundland and Labrador, Iceland, Norway, Sweden, the Siberian Federal District of Russia, Kazakhstan, Georgia and Iran,” said CoinShares.


Master Asked on December 11, 2019 in Bitcoin.
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