Europe and U.S. may soon take the lead in Bitcoin mining, says major Chinese pool CryptoSlate


Source: cryptorenegade.com cryptorenegade.com

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Europe and U.S. may soon take the lead in Bitcoin mining, says major Chinese pool | CryptoSlate Europe and U.S. may soon take the lead in Bitcoin mining, says major Chinese pool | CryptoSlate Published on by Liam Frost Jiang Zhuoer, the operator of major Chinese mining pool Lebit Mining, argued that the latest crackdown on crypto in the country would likely lead to miners relocating their activity to Europe and the U.S., as pointed out by journalist Colin Wu. “The worst case may be that large-scale mines are closed, and China’s Bitcoin mining [will return] back to the state...