65% of Global Bitcoin Hashrate Concentrated in China. Half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total.
Again with numbers from you know what?
Lety's forget China owns everything debate and let's concentrate on the last part:
Half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region
Ok, so Xinjiang holds half of it..then what do we do with Inner Mongolia, where Bitmain has its main mining facility in Ordos ?
And what dow e do with Sichuan, that assumedly generates also more than half?
Sichuan generates over 50 percent of the total Bitcoin mining hash rate.
Oh, but wait, we have an article
that claims 54% of all the hash rate is situated in Sichuan
Since you didn't bother to link to the source here is it for the others reading it:
https://news.bitcoin.com/65-of-global-bitcoin-hashrate-concentrated-in-china/And deep in the article, we find the source of the claims:
The map is based on geo-location data or IP addresses of hashers connecting to the Bitcoin (BTC) mining pools BTC.com, Poolin, and Via BTC. The pools represent around 37% of the total Bitcoin hash power.
Wow, so data from 3 pools situated in China show that the majority of the hash rate originates in China.
This means that if 99% of the people entering a Walmart in Austin are Texans, 99% of Walmart's customers are from Texas.
Oh, and if you don't trust me, here is the disclaimer from the ones that made the study themselves:
https://cbeci.org/mining_map/methodologyThe Bitcoin mining map is based on an extrapolation of a sample of mining pool data. This sample may not be fully representative for the following two reasons: first, it represents only a little more than a third of the total hashrate; and second, the data is provided by three Bitcoin mining pools that are all headquartered in China.
While the current version seems overly biased towards China, there are reasons to believe that the sample nevertheless provides a reasonable approximation of the actual hashrate distribution.