Is China Outpacing the U.S. in the Bitcoin Race?

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Published May 26, 2023

Jason Lowery's SOFTWAR theory is gaining increasing popularity, addressing the relevance of Bitcoin at a national security level. The burning question is whether China is outpacing the U.S. in the Bitcoin race, and some data support this claim. The most powerful ASICs on the market are all produced in China, which is the second-largest Bitcoin miner in the world. Moreover, the most significant stablecoin in the crypto ecosystem, Tether, is managed by iFinex, based in Hong Kong.

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