With the demise of so many pools it is china who is in charge when it comes down to
- Bitcoin mining
- Bitcoin pools
- Bitcoin manufacturers
- And yes even bitcoin trading.
The chinese exchanges are the reason for such a huge part of trading.
The mining industry is a perfect example of how centralized a certain aspect of Bitcoin can become in a matter of years.
Chinese mining farms already occupy the majority of the network, but if this continues, then Chinese mining farms will reach 90% within a few years.
I would prefer to see more farms being built in other countries to make sure the mining industry remains somewhat decentralized.
Funny thing is that they somewhat rule the entire mining industry, but that China is very low on the list of hosted nodes.