Post
Topic
Board Bitcoin Discussion
Re: Isnt a problem if China has 68% of the hashrate?
by
zvs
on 19/05/2020, 05:57:03 UTC
Quote
No. Chinese government does not control the pools. Pools are not that coordinated and if there war a slightly chance that this could happen, miners would just move to another pools.
It does unless they're operating illegally.  I suppose in this case, it gives the CCP a good reason to just 'requisition' the pool.

China has had over 50% of hashing power from about one or two years after the introduction of ASICs.