More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars

More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars – BeInCrypto

Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations – statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate – with others, including the United States and Russia, lagging far behind with roughly five percent and 10 percent, respectively.