China’s leadership in the Bitcoin mining industry will be challenged

China’s leadership in the Bitcoin mining industry will be challenged

China has a lot of advantages in the Bitcoin mining industry, though it won’t last forever, as more countries are entering the space. If you talk about Bitcoin (BTC) mining, you have to talk about China. China has become a giant in the Bitcoin mining ecosystem with major mines and pools, quick, cheap labor and a majority control of the world’s hashing power. So, should you go set up a mining operation there? Do the pros outweigh the cons? Is China actually a threat to the Bitcoin ecosystem? Let’s look at the state of Chinese mining.Back to the basicsIn the beginning of Bitcoin, you could....


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