Crypto currency

Bitcoin’s Global Hash Power Balance

Flex Yang is the CEO of Babel Finance, a leading cryptocurrency financial services provider based in Asia.

What Are Some Key Factors In “Winning” The Global Hash Power War?

In 2021, the bitcoin market is surely reaching an inflection point, as its market cap surpassed $1 trillion. Bitcoin’s ecosystem has seen evolutionary growth and structural change, but there are noticeable trends that have been disrupting Asia’s bitcoin mining industry, from the continent’s declining share of hash power to the rapidly changing regulatory environment. However, there is more to this trend than meets the eye.

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