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Though nothing of that sort happened initially, looks like it.The hash rate distribution is best when split among more Bitcoin mining pools. Bitcoin. and mining pool located in China.List of bitcoin companies This is a list of for-profit companies. mining pool: Huobi: 2013: China - Beijing: bitcoin exchange: Kraken: 2011: US - San Francisco.
Bitmain Technologies Ltd., or Bitmain, is a privately owned company headquartered in Beijing, China.