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Chinese Bitcoin Mining Pools, Accounting For More Than 50% Of Bitcoin Network’s Hash Rate, Are Still Mining Bitcoin After China’s Most Recent “Bitcoin Mining Ban!”

Chinese Bitcoin Mining Pools, Accounting For More Than 50% Of Bitcoin Network’s Hash Rate, Are Still Mining Bitcoin After China’s Most Recent “Bitcoin Mining Ban!”



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6 Comments

  1. Most of the members of so-called “chinese mining pools” are not in China. A pool does not mine. It only collects statistics from its members (the miners) and distributes the block rewards in proportion to the miners’ work

  2. tldr; All Chinese Bitcoin Mining Pools are still operating at full strength despite China’s “bitcoin mining ban” of September 28th, 2021. F2Pool (17.74%), AntPool (15.9%) and ViaBTC (12.9%), are the largest Bitcoin mining pools in the world. Bitmain, the world’s largest bitcoin mining equipment manufacturer, is showing equipment for sale on their website and taking payments.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  3. newsflash: china has not banned bitcoin, nor it’s mining. It is all a scam perpetrated by western media. Their banks banned commercial bitcoin related transactions, and some states banned mining. Individuals can still trade coins P2P using bank tx. and corporations can do it using cash transactions. Or foreign bank accounts.

What do you think?

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