/biz/ - Business & Finance

[Anonymous No.28234914]

70% of bitcoin miners are in china, what percentage do they need to make a hostile take over?

[Anonymous No.28235053]

Lmao at this retarded American brainwashing where they think private companies in China all work together and they aren't actually competitors or anything

[Anonymous No.28235316]

>>28235053
That's not the point, Winnie can force them.

[Anonymous No.28235529]

>>28235053
Okay Chang, Chinese people very good, number one. Now, theoretically what percentage of miners would someone need to theoretically take over?

[Anonymous No.28235672]

Chinas share of global hashrate has been dropping steadily for more than a year now and likely do not have even >50% of global hashrate anymore.

[Anonymous No.28235795]

>>28235672
https://www.cryptovantage.com/news/chinas-share-of-global-hashrate-is-declining-why-thats-bullish-for-bitcoin/

They even estimate China no longer dominating due to lowering electricity costs by EOY2021.

[Anonymous No.28235813]

communism and china suck cock brah

[Anonymous No.28235898]

>>28235053
Private companies of a certain size need an actual ccp overseer

[Anonymous No.28235932]

>>28235795
to add, >>28235053 might not actually be a chang shill, as there's decent odds much of that hashrate is foreign owned and offshored simply due to Electric costs in China.

There were articles on China offshoring to the Middle east to offset polution and take advantage of oil-surplus-derived cheap enegry

[Anonymous No.28236131]

>>28234914
>nobody is answering the question

yes the Chinks control Bitcoin, there's your answer

[Anonymous No.28236204]

>>28235795
Based. Oldfag American miners, you know what to do.

[Anonymous No.28236320]

> he fell for the mr robot fud