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The key misunderstanding with China’s purported BTC hashrate dominance

September 26, 2024 by DIGIT
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According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

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Categories Bitcoin Hashrate, Bitcoin Mining, BTC, China, Hashrate, Miners, Mining Pools, United States
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  • bitcoinBitcoin(BTC)$87,336.001.00%
  • ethereumEthereum(ETH)$2,969.204.36%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$847.741.59%
  • rippleXRP(XRP)$1.891.44%
  • usd-coinUSDC(USDC)$1.000.03%
  • solanaSolana(SOL)$124.421.28%
  • tronTRON(TRX)$0.278796-0.47%
  • staked-etherLido Staked Ether(STETH)$2,965.854.24%
  • dogecoinDogecoin(DOGE)$0.1309945.32%