Chinese essay competition

There is also the possibility that organised Chinese bitcoin mining like Guo’s could threaten the future of the currency. At least that’s the view of a prominent bitcoin enthusiast, Mike Hearn, who in January claimed that “the experiment had failed” . He argued that China’s dominance of mining means that the majority of bitcoin transactions are verified in China, but that the slower internet connections used there are hampering the flow of the currency , which could prevent its popularity growing. This, he argued, would ultimately lead to bitcoin’s failure.

Chinese essay competition

chinese essay competition

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