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China's Dominance in Bitcoin Mining Dropped Amid Growing Competition


Chinese Bitcoin (BTC) miners' share in Bitcoin's hashrate, or the computational power of the network, shrunk this year when hashrate jumped by 25%, while the US returned to second place, according to the Bitcoin Mining Map created by the Cambridge Centre for Alternative Finance (CCFAF). The...

65% of Global Bitcoin Hashrate Concentrated in China


A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...

A Trader’s View on the Bitcoin Halving and Coronavirus


The last time the block reward for Bitcoin mining was halved was in July 2016. Since then, the crypto marketsContinue Reading The post A Trader’s View on the Bitcoin Halving and Coronavirus appeared first on CoinMarketCap Blog

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