China share of bitcoin mining falls while Kazakhstan surges

China share of bitcoin mining falls while Kazakhstan surges In this photo illustration, the Bitcoin logo is seen on a mobile device with People's Republic of China flag in the background. (Photo Illustration by t/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | SOPA Images | LightRocket | Getty Images LONDON — China's share of global bitcoin mining plunged this year while Kazakhstan rose to become the world's third-largest player in the industry, according to research from Cambridge University. The research, published Thursday by the Cambridge Centre for Alternative Finance, shows China accounted for less than half (46%) of the power…