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U.S. Is Winning Bitcoin Mining Race But China Still Not Out Of Picture: Report

source-logo  coingape.com 17 May 2022 15:04, UTC

China’s underground Bitcoin mining hashrate contributes 22% to global mining hashrate as it increases by 3% in the three months leading to January, 2022 amidst government crackdown. Per data from a chart provided by Cambridge Bitcoin Electricity Data, mining hashrate seems to be on the increase in Mainland China despite the government crackdown on Bitcoin mining.

coingape.com