China's bitcoin mining market share rebounds to 3rd globally, Hashrate Index shows Beijing’s softening stance, cheap electricity attract crypto miners Bitcoin seen as strategic asset amid Sino-US ...
China is pulling in 14% of global Bitcoin mining power, despite its own ban still being on paper. That’s what’s playing out right now across places like Xinjiang and Sichuan, where miners are lighting ...
Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world’s ...