In October 2021, the United States became the first country in bitcoin mining computing power for the first time, and China’s output has approached zero From University of Cambridge

The following is the In October 2021, the United States became the first country in bitcoin mining computing power for the first time, and China’s output has approached zero From University of Cambridge recommended by recordtrend.com. And this article belongs to the classification: Blockchain, Bitcoin.
For virtual currency, the domestic crackdown continues. Although bitcoin suffered a long downturn in the second half of this year, the situation seems to be improving. The latest research released by Cambridge University shows that the United States has replaced China for the first time as the world’s first resort for bitcoin mining, accounting for more than 1 / 3 (35.4%) of computing resources. Compared with last September, the computing power of bitcoin exported by the United States has soared by 428%.
In sharp contrast, the computing power of bitcoin exported by China fell to almost zero in July and August, compared with 67% in September last year.
Obviously, with the heavy blow at home, bitcoin miners have almost disappeared in China. Mining pools, mining machines and mines have either been eliminated or transferred to the United States and other places.
It is reported that Texas and Washington state are the new settlements generally selected by miners. There are extremely cheap energy prices and relatively loose and friendly external policies.
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