US eclipses China as global hub for Bitcoin mining
TRT World says the rapid decline of China as a crypto mining powerhouse has seen the US and Kazakhstan become attractive destinations for migrant miners.
The US is now the number one destination for Bitcoin miners, overtaking China following a crackdown that effectively eliminated the industry in the country.
As of the end of August, the US accounted for 35.4 percent of the global hash rate – a measure of computing power used to extract the digital currency – according to a Cambridge Centre for Alternative Finance study published on Wednesday.
https://www.trtworld.com/magazine/us-eclipses-china-as-global-hub-for-bitcoin-mining-50752
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