Bitcoin Mining Back In China Despite Ban: Hash Climbs To 14%

Bitcoin mining has seen a resurgence in China despite being banned since 2021, with miners quietly starting operations to use cheap electricity. China Now Accounts For 14% Of The Global Bitcoin Has...

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Bitcoin Mining Back In China Despite Ban: Hash Climbs To 14%

Source: Bitcoinist.com

Bitcoin mining has seen a resurgence in China despite being banned since 2021, with miners quietly starting operations to use cheap electricity. China Now Accounts For 14% Of The Global Bitcoin Hashrate Back in 2021, China enforced its infamous Bitcoin trading and mining ban, triggering a bearish slump for the market and resulting in a […]