News Snapshot:
According to the latest report by the Cambridge Centre for Alternative Finance, (CCAF), China is still the leader in global bitcoin hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s Second-Largest Concentration of Bitcoin Miners The Cambridge Centre for Alternative Finance updated the organization’s bitcoin mining data and map in order to highlight 2022 hashrate statistics. In July 2021, Bitcoin.com News reported on the CCAF’s data that showed China’s hashrate dropping by 46%. At the time, China’s government enforced a ban on...
