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US Claims Bitcoin Mining Crown Following China Crackdown

News Snapshot:

[Crypto currency] US Claims Bitcoin Mining Crown Following China Crackdown The U.S. has become the world’s leader in bitcoin mining following the renewed crackdown on the industry in China, the Cambridge Centre for Alternative Finance (CCAF) said. – The latest CCAF data [shows] the U.S accounting for 35.4% of the global hashrate – the world’s total computational power used to mine bitcoin – as of the end of August, more than doubling from 16.8% at the [end of April] . – Kazakhstan and Russia followed the U.S. with shares of 18.1% and 11%, respectively, up from 8.2% and 6.8% in…

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