US accounts for over 40% of global Bitcoin hashrate: Report
The topic of hashrate dominance in the world of Bitcoin mining is a highly debated one, as it is difficult to accurately determine due to the decentralized and anonymous nature of the process. This ongoing discussion is fueled by the fact that the majority of Bitcoin mining is carried out by individuals and organizations spread out across the globe. To further complicate matters, there is no central authority or governing body that oversees or regulates this process. As a result, the concept of hashrate dominance remains a contentious and constantly evolving topic within the cryptocurrency community.
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