China is the biggest contributor to the Bitcoin sector in many ways. We all know that majority of the hashing power is currently contributed by the Chinese mining pools; it probably has more Bitcoin mining data centers than any other country, and most of the Bitcoin ASICs are designed and fabricated in there.
The Chinese contribution is not only limited to the technological infrastructure; the Chinese are also active traders, and a significant number of transactions over the Bitcoin blockchain originate from mainland China and other territories like Hong Kong, Taiwan, etc. The region also leads when it comes to Bitcoin-based businesses and trading volumes.
http://www.newsbtc.com/2015/12/05/china-driving-bitcoin-wagon-with-bitmex/
Topic: [2015-12-06] China, Driving the Bitcoin Wagon with BitMEX and Others (Read 320 times)
December 06, 2015, 02:46:22 AM
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