China Remains a Major Player In BTC Mining Industry Despite Crypto Ban

The post China Remains a Major Player In BTC Mining Industry Despite Crypto Ban appeared first on Coinpedia Fintech News China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021. Over 55% of the Bitcoin mining network is still controlled by Chinese mining pools, according to Ki Young Ju, the founder and CEO of CryptoQuant. China’s surprising dominance over the network comes despite the country’s blanket …