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Bitcoin mining is lucrative, but ‘dangerous to be confined to one country’
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With Bitcoin hovering around the $50,000 level at press time, extreme fear was palpable across the market. But, that’s not what the Bitcoin community is concerned about in the long run. In a recent interview, Whit Gibbs, Founder & CEO of Compass Mining, explained why BTC’s hashrate is an important factor to consider. He said,
“The growth of Bitcoins hashrate is incredibly important because obviously as an asset class we want to see it continue to succeed and be secure. “
Applauding the network’s
Read more on ambcrypto.comAbout this in other media
Bitcoin Mining News: What's The Future of Bitcoin Now That 90% Of All Bitcoins Have Been Mined? ndtv.com /3 years ago
Bitcoin Mining Hash Rate to Double in 2022, Compute North CEO Predicts cryptonews.com /3 years ago
Beijing court rejects monetary compensation in Bitcoin mining contract plea cointelegraph.com /3 years ago
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