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Philip Salter – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 31 Dec 2020 21:00:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Philip Salter – DIGIT INFO https://www.digit.info 32 32 Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’ https://www.digit.info/chinese-miners-migrate-to-nordic-regions-mining-exec-says-hashrate-migration-one-of-the-biggest-developments/ Thu, 31 Dec 2020 21:00:23 +0000 https://www.digit.info/2020/12/31/chinese-miners-migrate-to-nordic-regions-mining-exec-says-hashrate-migration-one-of-the-biggest-developments/ Read more]]>

China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional report from China and statements from the head of operations at Genesis Mining, […]

The post Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’ appeared first on Bitcoin News.

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