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September 23, 2020
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Bitcoin

New Forces in Bitcoin Mining Industry, Why Texas Gets Attention


About 60% or more of the hash rate (mining speed) of the virtual currency Bitcoin, which has just finished its third half-life in Texas, is said to be occupied by the Chinese minor pool, while US mining It turns out that the rise of the pool can be seen.
Source: PoolStats
The new pool in operation in the US is Layer1 Technology, a US mining company invested by PayPal co-founder Peter Thiel. Starting mining work from February this year, it outputs a hash rate of 2% or more within the year and shares 30% by the end of 2021 …

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