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China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.

China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei

China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei

The Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute has signed an agreement with multinational telecommunications giant Huawei.

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