Chinese Bitcoin miners are now responsible for controlling nearly 66 percent of the global Bitcoin hash rate. China asserts dominance over the Bitcoin hash rate China’s Sichuan province is the leading Bitcoin mining region in the country with the province alone accounting for over 50 percent of the world’s hashrate. The study was conducted by CoinShares as reported by Reuters on December 11. The Sichuan province is followed by Yunnan, Xinjiang and Inner Mongolia provinces with each contributing to the hash rate. What is the Bitcoin hash rate? Hash rate us a measure of the computing power of a network such
