id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
blog-dshr-org-645		DSHR's Blog: Graphing China's Cryptocurrency Crackdown			.html	text/html	2543	377	85	DSHR's Blog: Graphing China's Cryptocurrency Crackdown McKenzie Sigalos reports that Bitcoin mining is now easier and more profitable as algorithm adjusts after China crackdown: "All bitcoin miners share in the same economics and are mining on the same network, so miners both public and private will see the uplift in revenue," said Kevin Zhang, former Chief Mining Officer at Greenridge Generation, the first major U.S. power plant to begin mining behind-the-meter at a large scale. "Many U.S. bitcoin miners that were funded when bitcoin's price started rising in November and December of 2020 means that they were already building out their power capacity when the China mining ban took hold," he said. According to the newly-released Cambridge data, just before the Chinese mining ban began, the country accounted for 46% of the world's total hashrate, an industry term used to describe the collective computing power of the bitcoin network.	./cache/blog-dshr-org-645.html	./txt/blog-dshr-org-645.txt