**65% of Bitcoin Mining Operations Still Have Roots in China**😧🇨🇳
*//Experts say understanding the scale of Chinese Bitcoin mining capacity could help explain Trump’s "deep involvement" in the battle over Bitcoin mining hashrate.*
- Uminers CEO Batyr Hydyrov says 55% to 65% of global Bitcoin mining operations still trace their origins to China.
- It comes as the world’s three biggest ASIC manufacturers — Bitmain, Canaan, and MicroBT — establish operations in the U.S.
- Analysts frame Trump’s focus on Bitcoin as part of the economic rivalry between the U.S. and China, but the battle for hashrate dominance may be long.
*55% to 65% of Bitcoin mining operations around the world still trace their origins to China, whether via capital, hardware, or technical expertise, according to Batyr Hydyrov, CEO of crypto mining equipment provider Uminers.👽🪙*
SO whats your opinion on this❗❗
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