September 28, 2023

Justice for Gemmel

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U.S. Takes Bitcoin Mining Crown After China Crackdown

The U.S. is rapid turning out to be the new worldwide hub for bitcoin mining.

Immediately after a federal government crackdown in China, a lot of miners are betting on reputable access to vitality and a extra predictable regulatory ecosystem in the U.S. A lot more than a third of the worldwide computing power dedicated to mining bitcoin is now drawn from devices in the U.S., up from a lot less than a fifth last spring, according to info from the College of Cambridge.