Bitcoin Mining Dominance Shifts to US as China’s Bitcoin Hashrate Surges 55%

Despite China’s 2021 cryptocurrency ban, the country still controls over 55% of the global Bitcoin hashrate, while U.S. mining firms are rapidly closing the gap, now holding 40%, as shifts in political and regulatory dynamics reshape the landscape of Bitcoin mining. The post Bitcoin Mining Dominance Shifts to US as China’s Bitcoin Hashrate Surges 55% appeared first on Cryptonews .

Source: cryptonews