US emerges as biggest Bitcoin miner after China crypto crackdown | Crypto News

China was the biggest miner of Bitcoin until authorities there effectively banned the practice. Now, the US has claimed China’s Bitcoin mining crown.

By Bloomberg

The U.S. has become the world’s epicenter for Bitcoin mining after a crackdown in China effectively eliminated the practice in the former cradle of the industry.

At the end of August, America accounted for 35.4% of the global hash rate, a measure of computing power used to extract the digital currency, according to…


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