Bitcoin Miners in China May Have Too Much ControlIf you deal in bitcoin regularly, you know China has arguably become bitcoin’s biggest fan, and its influence never goes unfelt. As the yuan devalues, the price of bitcoin is currently rising beyond $640, and it looks like this is merely the beginning of an oncoming bull run. At the same time, when something like the Bitfinex attack occurs, bitcoin can find itself up to its neck in sewage...
http://www.newsbtc.com/2016/10/17/bitcoin-miners-china-may-getting-much-control/