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This summer, China banned Bitcoin mining, which resulted in a temporary drop in the hash rate. We're almost back where we were before the ban: https://www.block
by jmstfv 5y ago
This summer, China banned Bitcoin mining, which resulted in a temporary drop in the hash rate. We're almost back where we were before the ban: https://www.blockchain.com/charts/hash-rate https://www.blockchain.com/charts/hash-rate
That speaks volumes about how resilient Bitcoin's ecosystem is.
Bitcoin isn't Chinese. Bitcoin doesn't belong to any country, nation, tribe, political party, institution, or person at all.