In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
The Great Exodus From China Continues – The Future of Bitcoin Mining Lies in North America

The Great Exodus From China Continues – The Future of Bitcoin Mining Lies in North America

China may well have to regret its Bitcoin ban in a few years.

Sylvain Saurel
Aug 10, 2021
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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
The Great Exodus From China Continues – The Future of Bitcoin Mining Lies in North America
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Image: Adobe Stock

For several years now, China was the dominant nation in Bitcoin mining. The dominance was such that Bitcoin's opponents never missed an opportunity to criticize Bitcoin by saying that the centralization of its Hash power was a major weakness.

Besides, the fact that China dominated Bitcoin's Hash power to such an extent raised serious qu…

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