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China Is Third-Largest Contributor To Global Bitcoin Mining: Why It Matters

Published on: Thursday 23 October 2025

China Is Third-Largest Contributor To Global Bitcoin Mining: Why It Matters China was once the undisputed center for Bitcoin mining. Known for its cheap power and access to leading hardware manufacturers, all of this positioned China as a leader in global Bitcoin mining. However, this changed when mining was banned by the Chinese government in 2021. In late September 2021, the ...



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