Bitcoin mining activities have resumed to the level before China’s crackdown on cryptocurrency mining. Photo: Reuters
Bitcoin mining activities have resumed to the level before China’s crackdown on cryptocurrency mining. Photo: Reuters
Bitcoin

Bitcoin mining bounces back to level before China crackdown as US takes crown as top hub

  • A ban on cryptocurrency mining in China announced in May sent the global hash rate plunging over summer
  • As mining farms relocate to North America and Central Asia, bitcoin mining activities have resumed to pre-crackdown levels

Topic |   Bitcoin
Bitcoin mining activities have resumed to the level before China’s crackdown on cryptocurrency mining. Photo: Reuters
Bitcoin mining activities have resumed to the level before China’s crackdown on cryptocurrency mining. Photo: Reuters
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