17-05-2022 21:23 via coinjournal.net

China returns as second-largest Bitcoin mining hub: report

Bitcoin mining has picked up again in China, a new report suggests.
According to a study by Cambridge University, Bitcoin mining activity in China has slowly surged to currently account for 21% of the total global hashrate.
The report released on Tuesday comes nearly a year after a massive Chinese crackdown on crypto mining and trading drove miners out of the country. As the exodus of miners found its way into the US and other countries, the overall hashrate securing the Bitcoin network from wit
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