According to the observations made by F2Pool, in the latter half of the year, we could finally witness a more even distribution of total Bitcoin hash rate with the U.S. and Canada looking to compete with China’s dominance.

China’s Dominance

Developed by the University of Cambridge, the chart below plots the monthly distribution of hashrates based on the geo-location data (i.e. IP addresses) of hashers. In sync with popular belief, the dominance of China is distinctive.

Bitcoin [BTC]…

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