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China Regains the Title of the 2nd Top Bitcoin Mining Hub
You are here: Home / News / Bitcoin News / China Regains the Title of the 2nd Top Bitcoin Mining Hub May 18, 2022 by Vignesh Karunanidhi According to recent research, China failed to implement its cryptocurrency prohibition last year, and the country has since resurfaced as one of the world’s main Bitcoin (BTC) mining hubs. China became the second-largest Bitcoin hash rate supplier in January 2022, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI), months after local officials banned all crypto operations in the country. According to data, Chinese bitcoin miners generated 21.1 percent of the entire global […]