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China Loses Grip on BTC Mining, Kazakhstan Rises Up the Ranks

The Chinese crackdown on crypto mining had a drastic impact on the Bitcoin network’s hashrate input. A recent study conducted by Cambridge Centre for Alternative Finance (CCAF) highlighted that China started seeing a drop in Bitcoin mining share even before the recent crackdown began. As per data, the mining share of China had already fallen

The Chinese crackdown on crypto mining had a drastic impact on the Bitcoin network’s hashrate input. A recent study conducted by Cambridge Centre for Alternative Finance (CCAF) highlighted that China started seeing a drop in Bitcoin mining share even before the recent crackdown began. As per data, the mining share of China had already fallen