According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%. Chinese Pools Still Control Majority of Bitcoin Hashrate On Monday, Cryptoquant’s founder Ki Young Ju took to X (formerly known as Twitter) to […]
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Bitcoin Hashprice Tumbles as Miners Brace for Tougher March
Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash...