Bitcoin Mining Resurges in China Despite 2021 Ban, Now Accounts for 14% of Global Hashrate
Bitcoin mining is quietly making a comeback in China, despite a comprehensive ban on cryptocurrency activities imposed in 2021. According to a Reuters report, the country has climbed to the third spot globally in mining market share, now accounting for approximately 14% of global mining operations, up from effectively zero after the crackdown. Drivers of … Read more