US leads Bitcoin mining as China ban takes effect China’s share of global Bitcoin mining has fallen to effectively zero, research by the Cambridge Bitcoin Electricity Consumption Index (CBECI) suggests. In June China told banks to stop facilitating transactions, and issued bans on mining. At its peak in Sept 2019 China accounted for over three quarters of all Bitcoin mining. China’s crackdown initially led to a 38% fall in mining globally CBECI said. However this was partially offset by a 20% “bounceback” over July and August, “suggesting that some Chinese mining equipment has been successfully redeployed overseas”, researchers said. China...