Bitcoin Hashrate Almost All After Chinese Mining Ban

After mining and other crypto-related operations were banned in May this year, many miners left China, almost entirely recovering from the power calculations or the computing power of the Bitcoin network ( BTC). for

According to the new data, the strength of the Bitcoin network accelerated throughout December, surpassing 179.5 Ehash / s through Thursday, as a 7-day moving average of the strength of the count.

As China's computing power plummeted, the Bitcoin network's lone problem suffered a series of smart drops and began in early August. Although the most flexible left China to find greener prairies, the Bitcoin mining industry has become A. the booming economy in the United States.

Already in August, the United States has established itself as the global Bitcoin mining hub, with 35.4% of the world counting the country's energy, according to Cambridge estimates. Alternative Finance Center.

At the same time, CleanSpark, a Bitcoin miner listed in the United States, was one of the companies that took advantage of the Chinese ban to invest heavily in its North American market. for