Just caught something interesting - China's quietly become the third largest Bitcoin mining hub again, now accounting for about 14% of global hash rate according to recent data. That's a pretty significant comeback considering all the regulatory crackdowns a few years back. Looks like mining operations are finding ways to operate despite the restrictions, probably through private setups and renewable energy partnerships in remote regions. The Bitcoin mining landscape is definitely more distributed now compared to when China dominated. What's notable is how the industry adapted - mining shifted to places like the US, Iceland, and El Salvador, but China's still managing to maintain a solid foothold. Interesting to see how Bitcoin mining keeps evolving despite all the policy headwinds. Worth monitoring how this plays out over the next few quarters.

BTC1.25%
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