China is a threat to the Bitcoin network says new report ByAlex LielacherPRO INVESTOR Updated: 20 July 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. A new study published by researchers from Princeton and Miami International University suggests that China poses a potential threat to the Bitcoin network as the majority of bitcoin mining operations are located in a country whose government holds an adversarial view of the number one cryptocurrency.