May 12, 2025

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

1 min read

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

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Source: Cryptopolitan

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