Barron’s: Most Bitcoin is made in China. Competitors are chipping away

Michel Rauchs, Research Assistant at the Cambridge Centre for Alternative, comments on Bitcoin mining in China. He says that cheap electricity is not the only metric any more as investors “are also weighing regulatory risk and management quality.” Michel adds: “Better-capitalised firms are building out professionalised data centres. China has lost some share, particularly to the US.” 

Read the full article [barrons.com]