youtube
Boxmining
Boxmining
15 October 2018 · 0 min read
Can China Destroy Bitcoin? / Yobit Pumps (and Dumps)
China has been accused to be a threat to Bitcoin as Chinese mining pools control 74% of the network hash. Crypto Youtuber Boxmining looks at what mining pools are and discusses the possible threat. Bitfinex halted fiat deposits, suggesting they're relationships with central banks are not stable. Yobit exchange is promoting pump and dumps - something that is entirely unethical and meaningless.
China Could Damage Bitcoin, Research Shows