Ninjastic
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Board Bitcoin Discussion
Re: How Asia uses Bitcoin in one color-coded map: Do you agree? Surprised?
by
minerpumpkin
on 24/04/2015, 17:40:00 UTC
Quote from: DeboraMeeks on April 24, 2015, 11:11:42 AM
Quote from: minerpumpkin on April 24, 2015, 11:05:13 AM
Quote from: fox19891989 on April 21, 2015, 02:50:30 PM
I am not agree, I am not a miner in China, I use it as a currency and remittance service. My translation service ONLY accepts btc as payment.  Grin

Sure, this isn't an exclusive map! But the majority of mining operations really reside in China. It's mostly due to the proximity to the production facilities, the low wages, and the cheap electricity in some areas. Right now I don't see any country being able to compete with that.

I agree. fox19891989, the map shows general usage, obviously there are miners in other countries and there are people in China using it for remittance.

That being said, I do see that the map illustrates some facts in a simple way, but it doesn't really give any new or quantifiable numbers. Why can't they just give a pie-chart for every country on the map? All in all this makes the illustration rather simple.