Following a crackdown in 2021, China has become the third-largest Bitcoin mining hub, as it now contributes 14.05% of the total hashrate. Much of this activity is centered in Xinjiang, known for its low-energy costs.
Following a crackdown in 2021, China has become the third-largest Bitcoin mining hub, as it now contributes 14.05% of the total hashrate. Much of this activity is centered in Xinjiang, known for its low-energy costs.
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