China returns as 2nd top Bitcoin mining hub despite the crypto ban


Source: bitsellx.com bitsellx.com

Key Topics in this News Article:

News Snapshot:

China returns as 2nd top Bitcoin mining hub despite the crypto ban China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year. The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged as one of the world’s largest Bitcoin ( BTC ) mining hubs, according to a new report. China became the second-largest Bitcoin hash rate provider as of January 2022, months after the local government banned all crypto operations in the country,...