Why We Can’t Trust Bitcoin Mining Hash Rate Data From China
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The changing proportion of Bitcoin network hash rate emanating from China can be explained by the inherent flaws in how this data is collected. China has “re-emerged” as a major bitcoin mining hub in…
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It is becoming increasingly difficult to mine blocks on the Bitcoin network. In other words, the security of the leading crypto network is rising by the day, and this is evident in the Bitcoin hash rate hitting a new high. According to data from Blockchain.com, the metric reached an all-time…
As hash rate and energy costs grow, bitcoin mining becomes less profitable and equipment is less cost-effective which impacts mining companies. The below is a direct excerpt of Marty’s Bent... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…