Cambridge: 38% of global Bitcoin mining now in the U.S.
![IMG-20240624-WA0010(1).jpg IMG-20240624-WA0010(1).jpg](https://biblestudyforum.com/data/attachments/0/302-98eaa56201a2f1cbacc46d08afdef87a.jpg)
Cambridge University reports that the U.S. mines approximately 38% of all Bitcoin, reflecting its rise as a key hub in the industry![Sparkles :sparkles: ✨](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/2728.png)
Other countries are mining:
China - 21%
Kazakhstan - 13%
Canada - 6%
Russia - 5%
Germany - 3%
Malaysia - 3%
Ireland - 2%
️Other - 9%
This increase follows China's mining crackdown and benefits from the U.S.'s energy availability and favorable regulations
![IMG-20240624-WA0010(1).jpg IMG-20240624-WA0010(1).jpg](https://biblestudyforum.com/data/attachments/0/302-98eaa56201a2f1cbacc46d08afdef87a.jpg)
Cambridge University reports that the U.S. mines approximately 38% of all Bitcoin, reflecting its rise as a key hub in the industry
![Sparkles :sparkles: ✨](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/2728.png)
Other countries are mining:
China - 21%
Kazakhstan - 13%
Canada - 6%
Russia - 5%
Germany - 3%
Malaysia - 3%
Ireland - 2%
️Other - 9%
This increase follows China's mining crackdown and benefits from the U.S.'s energy availability and favorable regulations