June 14, 2024


This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host.

Since the mining ban came to China, there has been a massive migration of Bitcoin hash rate to the United States. There have been many narratives and pushes from pro-American Bitcoiners to continue attracting more hash rate to the U.S., including pushing to create favorable regulatory environments for miners here in North America. This has been done under the premise of the historical strength of American property rights, which is a big part of why American capital and equity markets are the biggest in the world.


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