News Snapshot:
By September 2021, China made up just over 22% of the total bitcoin mining market, according to Cambridge University research. Paul Ratje | The Washington Post | Getty Images [Bitcoin](//www.cnbc.com/quotes/BTC.CM=) miners aren’t giving up in China despite Beijing’s ban on the practice. China was once the world’s biggest crypto mining hub, accounting for between 65% to 75% of the total “hash rate” — or processing power — of the bitcoin network. But the country’s share of global bitcoin mining capacity [plummeted to zero](//www.cnbc.com/2021/06/15/chinas-bitcoin-miner-exodus-.html) in July and August 2021, according to Cambridge University data, after authorities launched a fresh crackdown on...
