Why China's Concerns Over Bitcoin Mining Are "Now Moot," Says Luxor Report Is Trending Right Now

As China's hold on the industry loosens, Bitcoin's hash rate is anticipated to soar towards its all-time highs, potentially improving mining profitability.

While there is still "Fear, Uncertainty, and Doubt" (FUD) that China would take control of cryptocurrencies, this is "no longer relevant," according to recent research by Luxor Technologies.

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