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Market Cap:
24h Vol:
Cryptocurrencies: 22502
Bitcoin Bitcoin Share: 59.76%
Markets: 90862
Cryptopolitan
2022-05-17 10:30:44

China re-emerges as second-largest bitcoin mining center despite recent ban

China re-emerges as second-largest bitcoin mining center despite recent ban

Despite the intense pressure from the Chinese government last year to crack down on cryptocurrency operations, especially mining, the country has again surfaced as one of the biggest Bitcoin mining jurisdictions of 2022. The Cambridge Bitcoin Electricity Consumption Index (CBECI) provided by the Cambridge Centre for Alternative Finance (CCAF) shows that Chinese Bitcoin mining activities...

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