News Snapshot:
U.S. Now Top Bitcoin Mining Hub After China Ban Data from Cambridge Centre for Alternative Finance (CCAF) indicates that China’s contribution to Bitcoin’s global mining hashrate has completely declined. U.S. Becomes World Leader for Bitcoin Mining New research data shows that Bitcoin mining operations in mainland China have “effectively dropped to zero,” making the U.S. the biggest contributor to Bitcoin mining. The revelation was made in the [Cambridge Bitcoin Electricity Consumption Index (BECI)]() , a bi-annual analytics report ranking countries on the basis of their share of the global hashrate. Researchers at Cambridge Centre for Alternative Finance (CCAF) analyzed geolocational...
