News Snapshot:
[Why Insurance Companies Need Bitcoin] China Emerges As Second-Largest Bitcoin Mining Hub Despite Ban A report from Cambridge exploring bitcoin mining shows the U.S. as the dominant global player and China in second despite the country’s ban last year. - New data from Cambridge details a portrait for the global hash rate of bitcoin mining. - The U.S. is solidifying its position as the global leader with 37.84% of the global hash rate. - China surged to almost 22% following the mining ban from last year showing either a rise of covert operations or miners that have remained well-hidden throughout....
