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In this video, I discuss the ongoing exodus of Bitcoin mining from China, as well as its implications for the hash rate, centralization, and Bitcoin's future.

Not investment advice! Consult a financial advisor.

Bitcoin mining pool stats:
https://miningpoolstats.stream/bitcoin

Bitcoin total hash rate:
https://www.blockchain.com/charts/hash-rate

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Hash rate change by pool:
https://twitter.com/lawmaster/status/1407622463802855427/photo/1

Foundry USA:
https://foundrydigital.com/

Kevin Zhang on mining ban:
https://twitter.com/SinoCrypto/status/1407524160595705856

ASICs not only being unplugged:
https://twitter.com/thomasheller_/status/1407943429150105600

Ripple CEO trashes BTC to pump XRP, gets sued:
https://www.investopedia.com/news/bitcoin-wont-win-worldwide-adoption-because-china-controls-it-ripple-ceo/
https://www.sec.gov/news/press-release/2020-338

Bitcoin miners moving to other countries:
https://news.bitcoin.com/bit-mining-moving-3000-bitcoin-mining-machines-to-kazakhstan-following-china-crackdown/
https://www.washingtonpost.com/world/asia_pacific/bitcoin-mining-china-crypto-america/2021/06/17/0a39c3a8-c903-11eb-8708-64991f2acf28_story.html

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https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#BitcoinNews
#China

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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