US overtakes China as world’s largest Bitcoin mining hub

October 13, 2021

T he United States has supplanted China as the world’s largest center for Bitcoin mining after Beijing announced that the practice would be forbidden.

The U.S. now accounts for more than 35% of the global share of Bitcoin mining, a figure far higher than just a year ago, when it accounted for just 4.2%, according to research published on Wednesday by Britain’s Cambridge Centre for Alternative Finance.…



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