Although much of bitcoin's network hash is still based in China, fresh data show that the share is falling. America, on the other hand, is slowly furthering its stake in bitcoin mining.
Chun Wang, co-founder of F2Pool, one of the world's largest bitcoin mining pools, has published statistics claiming that the share of Chinese miners in the pool reached less than 50 percent in April 2021, reports The Kevin Telegraph. He went on to say that this is the first time in the 8-year life of the F2Pool pool that the share of Chinese miners has reached below 50%.