October 13 - 14:10
US becomes largest Bitcoin mining centre after China ban
The US has overtaken China as the number one destination for Bitcoin miners in the world, according to new data from Cambridge University. As of July, 35.4% of Bitcoin’s hashrate is in the US, a 428% increase from September 2020. The increase is a consequence of China's banning of crypto transactions, which saw the country plummet from a dominant 38% of global market share to zero.
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