Questions tagged [still in china]

Eleonora Sun Jul 14 2024 | 6 answers 1308

With the shifting global landscape of cryptocurrency mining, the question of "How many bitcoin miners are still in China?" remains pertinent. China, once a dominant force in the mining industry, has faced a series of regulatory challenges that have forced many miners to relocate or shut down. However, the country's robust infrastructure and low-cost energy resources continue to attract miners, leading to speculation about the current size of the Chinese mining community. The answer to this question is crucial for understanding the global distribution of mining power and the implications it may have on the security and stability of the Bitcoin network.