The US overtook China as the world’s biggest source of bitcoin mining two months after Beijing banned crypto mining this year, new data has revealed.
China’s share of the global hashrate — the computational power required to create bitcoin — fell from 44 per cent to zero between May and July, figures published by the Cambridge Centre for Alternative Finance on Wednesday showed. The country accounted for three-quarters of the global hashrate in 2019.
The US share of the global hashrate increased from 17 per cent in April to 35 per in August, while Kazakhstan rose 10 per cent to 18 per cent in the same period.
您已阅读18%（613字），剩余82%（2733字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。