News Snapshot:
[Addressing More Bitcoin Energy FUD By Showing The Mirror] Why We Can’t Trust Bitcoin Mining Hash Rate Data From China The changing proportion of Bitcoin network hash rate emanating from China can be explained by the inherent flaws in how this data is collected. China has “re-emerged” as a major bitcoin mining hub in 2022, representing more than 20% of the Bitcoin network’s hash rate, according to new data from Cambridge’s Centre for Alternative Finance (CCAF). The October 2021 data update from CCAF indicated that “mining operations in mainland China have effectively dropped to zero.” So, what caused this purported...
