China Emerges As Second-Largest Bitcoin Mining-Hub Despite Ban

China Emerges As Second-Largest Bitcoin Mining-Hub Despite Ban China Emerges As Second-Largest Bitcoin Mining-Hub Despite Ban Authored by Shawn Amick via BitcoinMagazine.com, 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. The U.S. has risen as the global dominant country housing Bitcoin hash rate while China has picked up pace to…