Sentences with phrase «massive bitcoin mining operations»

Massive bitcoin mining operations dominate the network.

Not exact matches

If you need evidence of this fact, consider China's massive state mining operations and stake in Bitcoin, undeniably viewed as a tool for leverage on a global scale.

The long - term vision is a thriving community of casual miners who put what resources they can spare into Bitcoin Gold, rather than a small, secretive group of top - tier mining operations who spend millions of dollars on massive mining rigs.

There are massive mining operations around the world and they are bound to be more popping up in the next few years as Bitcoin and other cryptocurrencies continue their path into mainstream acceptance.