China dominates the Bitcoin mining!!!

in mining •  8 years ago 

The graph below shows the market share of the most popular bitcoin mining pools :

Antpool - 21.2%

BTC.top - 11.6%

BTC.com - 9.9%

ViaBTC - 7.3%

BTCC pool - 6.1%

F2pool - 6%

Bixin - 5.8%

The total from the following pools is 70%.

Screen Shot 2017-07-30 at 1.22.39 pm.jpg

Which shows the clear dominance in the bitcoin mining . China being the largest supplier of Mining hardwares and equipment and as electricity is quite cheap in China , it became the world largest bitcoin miner.

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I don't want to be that guy, but the graph shows the compute power aka hashing power of the biggest Bitcoin mining pools, not market share. :)

correct ...but if you see these pools belong to china ..and alone china is accountable for 70% of mining of bitcoins ... China has the highest number of miners ..

Well described