News Snapshot:
Reuters.- The United States currently accounts for the majority of the world’s bitcoin mining, surpassing China, according to data released Wednesday by the UK’s Cambridge Center for Alternative Finance. Chinese authorities banned the activity earlier this year, prompting miners to close their businesses or move abroad. China’s share of the power of computers connected to the global bitcoin network, known as the “hash rate,” fell to zero in July from 44% in May, the data showed. Follow the information about business and current affairs in Forbes Mexico The United States now accounts for the largest share of mining, 35.4% of...
