U.S. edges China in terms of global share of bitcoin mining hashrate


Source: bitcoinerx.com bitcoinerx.com

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New data coming from Cambridge University confirmed that the United States has now surpassed China in taking the leading position in bitcoin mining, ending the consecutive years of reign at the top spot by the Asian giant. According to the findings of the Cambridge Bitcoin Electricity Consumption Index (CBECI), the leading share of the world’s Bitcoin network hashrate now emanates from the US . The superpower is followed by Kazakhstan and the Russian Federation. This development now confirms the impact of the intensified bitcoin mining crackdown implemented by the Chinese government in aid of its mission to be carbon neutral...