Cambridge: 38% of global Bitcoin mining now in the U.S.
Cambridge University reports that the U.S. mines approximately 38% of all Bitcoin, reflecting its rise as a key hub in the industry
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
Cambridge University reports that the U.S. mines approximately 38% of all Bitcoin, reflecting its rise as a key hub in the industry
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