New Report highlights China’s influence on Bitcoin

A new research report called “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin” highlights the strength of China on Bitcoin and cryptocurrency mining. The report states that roughly 74% of all Bitcoin mining occurs within China and it is of importance for China to control this mining. It is very educational to read about the strength of China’s government within the cryptocurrency industry and how China has positioned itself for the future within the blockchain space. China continues to build and promote blockchain throughout the country and it comes of no surprise that China is the leader in bitcoin mining.

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