Bitcoin: US is now world’s largest miner of the cryptocurrency

Bitcoin mining USB devices

A row of bitcoin-mining USB units

Arina Habich / Alamy

The US has develop into the world’s largest bitcoin-mining nation after a regulatory crackdown in China earlier this 12 months noticed the nation plummet from a dominant 38 per cent of worldwide market share to zero.

Evaluation from the Cambridge Bitcoin Electrical energy Consumption Index (CBECI), revealed by researchers on the College of Cambridge, reveals that the US greater than doubled its personal world market share, from 16.8 per cent in April to 35.4 per cent on the finish of August, as Chinese language miners moved their …

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