News Snapshot:
Tweet Up to 87 percent of Dogecoin mining is done by Chinese-affiliated companies or is mined in China outright, Crypto New Media reported. Comparatively, Bitcoin does not have nearly as much mining in China, according to the report. Instead, more bitcoin companies have been mining in North America and Europe. In other news, Bitcoin dropped to a three-month low Monday (May 17), Coindesk reported. That is the biggest price pullback amid the current bull run. Bitcoin, arguably the best-known cryptocurrency, was priced at $42,212. That level hadn’t been seen since Feb. 8. It marked a 35 percent drop from the...
