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RRMine
Bitcoin’s Share of PoW Mining Rewards Now Above 80%
Rewards received by bitcoin miners form a major chunk of the salaries paid across major proof of work (PoW) blockchains, according to Yassine Elmandjra, a cryptocurrency analyst from ARK Invest.
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research.
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