US becomes largest bitcoin mining center after China crackdown: Market wrap Arab News

October 13, 2021


tRIYADH: The US has overtaken China to account for the largest share of bitcoin mining in the world, according to data released by Britainu2019s Cambridge Center for Alternative Finance on Wednesday.u003C/pu003Er



tChinau2019s share of the power of computers connected to the global bitcoin network, known as the u201chash rate,u201d had fallen to zero by July from 44 percent in May, and from as much as 75 percent in 2019, the data showed.u003C/pu003Er…

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