Quote from: pooya87 on Today at 04:12:21 AM

I speculate that only about 20% of the hashrate is currently located in China, the rest is spread across the globe.

How can you say that after what happened in Xianjing? We had a forced closure of mining farms, documented even by Chinese miners and the hashrate dropped to 30% exactly on that day, as soon as they reopened the hashrate went back to normal.

Plus the 20% is simply ridiculous, you're basically saying Bitmain has decided to ship more gear to partners than to fill its own farms and feed bitdeer which is constantly sold out for thousands and thousands of 100-500 THs plans. We know for a fact bitmain had almost 200 000 miners in 2020 at their disposal, everyone knows bitmain mines the shit with new models before selling them to others, just thinking they would be handling that many miners to others, and on top of that all those miners to be outside china is ridiculous, sorry but that's the word for it, ridiculous.

On top of that, mines in Sichuan are still mining, the rainy season is still in full swing yet this is how the hashrate looks for the last month:
- 15.97 % , - 5.30 % , and now the pace shows -17.86 and it ain't over yet.

20%? No way in hell!