Chinese Bitcoin Miners Control Two-Thirds of Global Hashrate

<br />Chinese Bitcoin miners have extended their share of the global hash rate. Currently, they control two-thirds of Bitcoin&#8217;s processing power, Reuters reported yesterday, citing a research by CoinShares. Chinese Share of Bitcoin Hashrate Highest Since At Least 2017 Currently, Chinese miners control 66% of Bitcoin hashrate. The indicator refers to the Bitcoin-related computing power that allows the production of new coins. The Chinese share of hashrate increased from 60% in June and is the highest <br />Read More <br />The post Chinese Bitcoin Miners Control Two-Thirds of Global Hashrate appeared first on Bitcoinist.com.

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