Daniel Batten, a Bitcoin environmental impact analyst stated that despite widely spread news, Bitcoin mining was only temporarily suspended in China.
China’s mining activities have contributed to 15% of the worldwide hashrate.
Daniel Batten, a Bitcoin environmental impact analyst has disclosed that Bitcoin mining was never officially banned in China. According to Batten’s new revelation, contrary to the widely spread news the so-called “ban” was a temporary suspension, and mining activities have largely resumed across the country.
Batten’s report highly focuses on China’s hashrate, a metric that focuses on the amount of computational power used in mining and processing Bitcoin, which currently accounts for 15% of the world’s total.
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BREAKING: China never banned Bitcoin!
In fact China use Bitcoin mining forwasted renewable energy harvestingheat recycling
This picture says „Mining was suspended for a month then China let back the miners that served a purpose.
What purp
