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❕NEWS Foundry USA Now The Second Largest Bitcoin Mining Pool After China ban

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It is clear fact that China's crackdown on cryptocurrencies was a big opportunity to make US ahead of the game because more innovative ideas and development arround cryptocurrencies are now from US.
The recent one is the New York-based crypto-mining service provider Foundry USA has taking the first step to becoming the world's second-largest Bitcoin (BTC) mining pool after taking up a 15.42% increase share of the network.
The Digital Currency Group-owned Foundry USA is just behind the pool leader AntPool by a hash rate of just 4,000 PH/s, of course, contributing to a 17.76% network share at the time of writing.

Letother countries key into cryptocurrencies and compete favourably with US
 
Yeah most of the companies which are only second to china are now on the top following the bans that china have been throwing, Though still the banning that china made is still I think a big loss to the crypto market as a whole
 
Yeah most of the companies which are only second to china are now on the top following the bans that china have been throwing, Though still the banning that china made is still I think a big loss to the crypto market as a whole
The losseshas been fully recovered with a companies from the United States rising up to fill in the space of vacuum created by most mining companies in China.
 
With their capital and many high profile supporters inside the country, I have no doubt that they will become the number 1 in no time.
 
This company is making heavy progress when it comes to the sophisticated mining equipments they are using . No doubt they are on the right path.
 
Your last line is apt, the us especially Miami are really big on crypto like btc now. So I hope other countries especially african countries can key and take good advantage of it
 
China's ban on cryptcurrencies was truly a great opportunity for USA to take the lead on cryptcurrencies. That mining company is just an example. I am sure that there are many more opportunities that have come for USA concerning this.
 
China's ban on cryptcurrencies was truly a great opportunity for USA to take the lead on cryptcurrencies. That mining company is just an example. I am sure that there are many more opportunities that have come for USA concerning this.
This is like one man meat is another man poison. So china got out of the way for the US to do better with crypto currency that's how other things work sometime
 
Indeed they are one of the biggest foundry and pool in have the highest hash power and are on responsible for most of the blocks to be honest in NY opinion actually that what I can say
 
So the ban was really good and this is good news for the entire crypto community in the world.

Having the 2nd largest mining pool in New York, one of the most popular city in United States, gives the crypto universe an assurance that cryptocurrencies are here to stay for many years.
 
i think based on my research China actually made a mistake on banning cryptocurrency mining , because a lot of mining firm actually left the country because of the mining ,and USA might be the next hub , fetching the us government more revenues to their account ,it's actually all good in different ways too
 
The us is applying its energy use correctly in a much better and reliable manner that allows New York-based crypto-mining service provider Foundry US take the top spot and make more income by being just on the second spot to another us based company making it one of the top ranked companies to make bitcoin mining revenue for the miners to be honest .
 
No doubt USA so successful, it never any opportunity whenever it sees one it grab it and in no time it convert that opportunity into a statement of success with all the power and equipment it have. Recently crypto currency is at it highest peak, it popularity is increasing day by day. Many reputable companies are adopting it, USA knows the value the crypto currency.
they know the value attched to cryptocurrency ,so their investment and interest would be so high ,I love the investment they are Making , because day by day as the country USA is adopting it , I think it's a big development with look of things
 
Definitely, US has been always leading when it comes to innovative technology, and that has been favouring them. But what I don't understand is the reason why China is banning cryptocurrency activities, I hope they don't live to regret it. When other countries are looking for ways to integrate bitcoin in there payment system.
 
Definitely, US has been always leading when it comes to innovative technology, and that has been favouring them. But what I don't understand is the reason why China is banning cryptocurrency activities, I hope they don't live to regret it. When other countries are looking for ways to integrate bitcoin in there payment system.
am sure that they are still going to be leading in terms of innovative technology , because when china banned cryptocurrency because of their isolated economy they run , they have to take up the task and get involved in crypto currency adoption in every possible way and method
 
Definitely, US has been always leading when it comes to innovative technology, and that has been favouring them. But what I don't understand is the reason why China is banning cryptocurrency activities, I hope they don't live to regret it. When other countries are looking for ways to integrate bitcoin in there payment system.
Its clear why China is banning crypto.Look at their country's system of rule and control,it is centralised.Everything is controlled by the state,finance,politics,capitalism you name it,so anything outside the realm of their centralisation is deemed unwelcome and a threat to their centralised system.Bitcoin is a decentralised crypto so its not compatible with China's centralised system of complete control over everything
 
Definitely, US has been always leading when it comes to innovative technology, and that has been favouring them. But what I don't understand is the reason why China is banning cryptocurrency activities, I hope they don't live to regret it. When other countries are looking for ways to integrate bitcoin in there payment system.
Its clear why China is banning crypto.Look at their country's system of rule and control,it is centralised.Everything is controlled by the state,finance,politics,capitalism you name it,so anything outside the realm of their centralisation is deemed unwelcome and a threat to their centralised system.Bitcoin is a decentralised crypto so its not compatible with China's centralised system of complete control over everything
 
Its clear why China is banning crypto.Look at their country's system of rule and control,it is centralised.Everything is controlled by the state,finance,politics,capitalism you name it,so anything outside the realm of their centralisation is deemed unwelcome and a threat to their centralised system.Bitcoin is a decentralised crypto so its not compatible with China's centralised system of complete control over everything
i think the government there are actually willing to control everything ,so it's not possible to see them adopting cryptocurrency or even considering it and others ,with the way China is running their economy ,if others decides to run it like that ,they might find it hard to easily run their cryptocurrency with their economy too tho
 
i think the government there are actually willing to control everything ,so it's not possible to see them adopting cryptocurrency or even considering it and others ,with the way China is running their economy ,if others decides to run it like that ,they might find it hard to easily run their cryptocurrency with their economy too tho
For China to give green light on crypto in their nation,they have to first change their system of rule and control and completely remove it which is not possible because by doing that they will lose the control which they so crave for.But truth be told they are missing out on crypto benefits
 
For China to give green light on crypto in their nation,they have to first change their system of rule and control and completely remove it which is not possible because by doing that they will lose the control which they so crave for.But truth be told they are missing out on crypto benefits
they were gaining from cryptocurrency then , through taxing and other revenue from cryptocurrency firms in the country ,but with the way they now banned cryptocurrency all those revenue might not be gotten anymore ,many crypto currency firms have left China to another country
 

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