Follow up
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation.
Kelsie Nabben
Kelsie Nabben is a researcher in the RMIT Blockchain Innovation Hub and a PhD candidate in the Digital Ethnography Research Centre at RMIT University. She is also a board member of Blockchain Australia.
China crackdown shows industrial Bitcoin mining a problem for decentralization