CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptopolitan 2024-07-03 11:27:03

Chinese mining pools control over 50% of Bitcoin hashrate despite ban

Blockchain analytical firm CryptoQuant CEO Ki Young Ju said Chinese mining pools control almost 54% of Bitcoin hashrate despite the country’s ban on crypto mining. Also read: Miner’s wallet reawakens after holding coins for 14 years Ju’s chart, showing the monthly hashrate distribution over time, revealed that Chinese mining pools have been responsible for over

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.