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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.