Watch: University of Cambridge Visualisation Shows How Bitcoin Mining Fell in China Even Before Crackdown Technology By Alex Smith On Aug 26, 2021 0 Share (adsbygoogle = window.adsbygoogle || []).push({}); The Cambridge Bitcoin Electricity Consumption Index by Cambridge Centre for Alternative Finance (CCAF) shows how notably Bitcoin mining fell in China even before the latest nationwide crackdown began. It shows that China’s share of mining fell from 75 percent in September 2019 to 46 percent in April 2021, two months before the country banned cryptocurrency mining. Unlike trading, where existing Bitcoins are purchased or sold, mining is the process of...