US becomes world’s most significant bitcoin miner after China crackdown

The US is just about the world’s largest bitcoin-mining nation after a regulatory crackdown in China earlier this year saw the united states plummet from a dominant 38 % of global market share to zero.

Analysis from the Cambridge Bitcoin Electricity Consumption Index (CBECI), published by researchers at the University of Cambridge, shows that the US a lot more than doubled its global market share, from 16.8 per cent in April to 35.4 % towards the end of August, as Chinese miners moved their …

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