Post
Topic
Board Bitcoin Discussion
Re: China is the largest bitcoin miner.
by
jossiel
on 28/03/2023, 12:53:43 UTC
Mining is an extremely productive part of the business. Mining of cryptocurrency is the process of confirming transactions before they are placed on blockchain. China is the world’s largest producer of bitcoin mining. There are 6 major mining farms in china presently that produce 60 % of bitcoin supply all around the world!

What is your point of you on this?
Can you give those places where those mining operations are happening? It's because the news that we've probably seen a year or more ago was all about cracking down miners and everything that's related to bitcoin there.

But whether we like it or not, mining from everywhere in there won't stop even if the government steps in. Those miners will still find a way to use their miners as those investments from their equipment weren't that cheap to be stuck.