China Controls 55% Of Bitcoin Hashrate Despite Crypto Ban, But The US Is Catching Up

Despite China's ongoing ban on cryptocurrency trading and mining, the country continues to dominate the Bitcoin network, controlling 55% of the global hashrate, according to data shared by Ki Young Ju, CEO of CryptoQuant.

Sep 23, 2024 - 13:12
China Controls 55% Of Bitcoin Hashrate Despite Crypto Ban, But The US Is Catching Up
BTC BitcoinDespite China's ongoing ban on cryptocurrency trading and mining, the country continues to dominate the Bitcoin network, controlling 55% of the global hashrate, according to data shared by Ki Young Ju, CEO of CryptoQuant.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow