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So, in light of all I'm reading here about how much the Chinese state is really in control of their tech sector, can we still say that Bitcoin is decentralized?
by gooseus 7y ago
So, in light of all I'm reading here about how much the Chinese state is really in control of their tech sector, can we still say that Bitcoin is decentralized?
Here is the current Bitcoin hashrate distribution:
https://www.blockchain.com/en/pools https://www.blockchain.com/en/pools
(20%) BTC.com - owned by Bitmain, a Chinese IC design company founded in the first quarter of 2013, which specializes in research, development and sales for custom mining chips and miners.[0]
(12%) F2Pool - a Chinese mining pool, also referred to as "Discus Fish".[1]
(11.8%) Poolin - a multi-currency mining pool. Started by the founders of BTC.com.[2]
(11.6%) Antpool - also owned by Bitmain.
That's 55.4% of the network controlled by Chinese mining companies, which I would assume have a similar structure to Huawei?
[0] https://en.bitcoin.it/wiki/Bitmain https://en.bitcoin.it/wiki/Bitmain
[1] https://en.bitcoin.it/wiki/F2Pool https://en.bitcoin.it/wiki/F2Pool
[2] https://en.bitcoin.it/wiki/Poolin https://en.bitcoin.it/wiki/Poolin