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Bitcoin mining: USA lead, China no longer plays a role

News Snapshot:

Over a third of the power for Bitcoin mining now comes from the USA. This is what the University of Cambridge calculated. According to the researchers’ estimates, the US share of global hashing power was 35.4 percent in August. This is followed by Kazakhstan with a little over 18 percent, Russia with a little over eleven percent and Canada with almost ten percent. China, on the other hand, has completely lost its once dominant role in recent months – the researchers put the People’s Republic of China at zero. At the beginning of the year, their share of the hashrate…

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