China “bans” Bitcoin mining, one year later the nation’s contributions to the Bitcoin mining network are second only to the United States. According to the Cambridge Centre for Alternative Finance, China is once again a major Bitcoin miner despite a prohibition last year. To the CCAF’s Bitcoin Electricity Consumption Index (CBECI), China’s contribution to the bitcoin mining network was second only to the US. New data stemming from the #CCAF report on #bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the US currently…