News Snapshot:
According to the Cambridge Center for Alternative Finance, China’s hashrate allocated to Bitcoin mining has almost gone to zero. Hashrate is no longer dependent on China The map is crystal clear: at the beginning of the year, 53% of the entire global Bitcoin hashrate was allocated in China, down to 49% in March. Since May there has been a real collapse: 44%, down to 34% in June, and 0% in July. China is no longer a factor when it comes to Bitcoin mining. In contrast, the US was only at 10% at the start of the year, but by March...
