News Snapshot:
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has u201ctaken the leading position in bitcoin mining,u201d according to new data from Cambridge University.Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining RoostIn mid-July, researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project published new data from the websiteu2019s u201cBitcoin Mining Map,u201d which had not been updated since April 2020. In that specific report, CBECI researchers noted that Chinau2019s hashrate dominance was much lower than in previous estimates. On October 13, CBECI researchers published updated...
