BTC miners collateral damage in Trump vs China trade war

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CoinGeek 5d ago

BTC miners collateral damage in Trump vs China trade war - CoinGeek

Quick Summary:

Trump's trade war with China is pushing miners to establish offshore operations and considering surrendering their market share to Chinese counterparts.

The post BTC miners collateral damage in Trump vs China trade war appeared first on CoinGeek.

That will further concentrate BTC’s already concentrated mining sector in fewer and fewer hands, allowing them to switch off rigs as difficulty falls, presenting a more tempting target to bad actors intent on compromising BTC’s compromised security.