FAST FIVE: China Emerges As Second-Largest Bitcoin Mining-Hub Despite Ban

FAST FIVE: China Emerges As Second-Largest Bitcoin Mining-Hub Despite Ban The US has risen as the global dominant country housing Bitcoin hash rate while China has picked up pace to trail in second despite its ban from last year, new data from a Cambridge Center for Alternative Finance (CCAF) report shows. The largest American hash rate providers are Georgia (30.76%), Texas (11.22%), and Kentucky (10.93%). The last time CCAF released detailed bitcoin mining data was in October 2021, immediately following the aftermath of the Chinese ban which resulted in a shockingly steep decline in hash rate - bottoming out at…