China Emerges As Second-Largest Bitcoin Mining Hub Despite Ban

china-emerges-as-second-largest-bitcoin-mining-hub-despite-ban

A report from Cambridge exploring bitcoin mining shows the U.S. as the dominant global player and China in second despite the country’s ban last year. New data from Cambridge details a portrait for the global hash rate of bitcoin mining. The U.S. is solidifying its position as the global leader with 37.84% of the global … Read more

Norwegian Bitcoin Mining Ban Was Struck Down

norwegian-bitcoin-mining-ban-was-struck-down

A bill banning bitcoin mining, authored by the communist party in Norway, was struck down by a majority vote in the Norwegian parliament. A bill seeking to ban energy intensive mining for cryptocurrencies like bitcoin was struck down by the Norwegian parliament on May 10. The communist Red Party who authored the bill was supported … Read more