Bitcoin Mining Concentration in America – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and technology-oriented Bitcoin podcast host.

Since the mining ban came to China, there has been a massive migration of Bitcoin’s hash rate to the United States. There has been a lot of narration and push from pro-American bitcoiners to continue attracting more hash rates to the United States, including the push to create favorable regulatory environments for miners here in North America. This was done from the premise of the historical strength of American property rights, which is an important part of why American capital and stock markets are the largest in the world.

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