China makes a comeback in the Bitcoin mining scene


Source: newsbreak.com newsbreak.com

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New Bitcoin (BTC) mining data from the Cambridge Centre for Alternative Finance (CCAF) has revealed that China has resurfaced as a leading mining hub. This resurgence comes after the country banned BTC mining in the past year, citing BTC’s Proof-of-Work (PoW) consensus mechanism, which is energy-intensive. According to...