4 ms·

Ignoring the masses of people who mine in their own homes - e.g. pool miners on places like nicehash.

• jki275 6y ago
  If you're talking about bitcoin, most btc is mined in China by Bitmain and one other company.
  • PragmaticPulp 6y ago
    Right, which is a major problem for the decentralized currency narrative. It also creates a massive incentive for market manipulation to continue keeping prices high enough for them to get ROI on the mining investment.
    • jki275 6y ago
      Yes, that's a huge issue for btc. BTC isn't really a decentralized cryptocurrency anymore. There are others that are.
  • philjohn 6y ago
    No, not bitcoin, other crypto currencies, including monero, eth etc.
    • jki275 6y ago
      Which is a quite different discussion.