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Is Miner Concentration Once Again Jeopardizing Bitcoin? Not Exactly

The high percentage of hashrate now located in North America may look like China 2.0, but the reality is more complicated.

Updated Apr 9, 2024, 11:37 p.m. Published Mar 26, 2022, 4:38 p.m.
The bitcoin mining industry is concentrating in the U.S. (Melody Wang/CoinDesk)
The bitcoin mining industry is concentrating in the U.S. (Melody Wang/CoinDesk)