China has a lot of advantages in the Bitcoin mining industry, though it won’t last forever, as more countries are entering the space.
Philip Salter
Philip Salter is the head of mining operations at Genesis Mining, the world’s largest cloud crypto mining operation, where he leads the software development, data engineering and research teams. Salter started his career as a software developer for BSI Business Systems Integration AG. Salter is an avid miner and crypto enthusiast based in Germany.
China’s leadership in the Bitcoin mining industry will be challenged US Bitcoin Holders Worry About Chinese Control of the Mining Network China has consolidated more than half of the world’s Bitcoin mining operations. What threats could the situation create?