US Overtook China to Become The World's Largest Bitcoin Miner

A per the latest data from the Cambridge center for alternative finance, the US has overtaken China in terms of the world's largest Bitcoin mining contributor. This comes after the Chinese government laid a ban on mining in May this year, thus forcing the miners to move out or shut completely. The US is now followed by Kazakhstan and Russia in the hash rate contributions. World's Largest Bitcoin Miner Bitcoin mining, one of the two sources of obtaining a Bitcoin (or a part of it) has exploded in recent times, resulting in high consumption of electricity. Bitcoin mining is done…