[New post] China’s Bitcoin hash power fell before the crackdown: Cambridge data

admin posted: "China's crackdown on Bitcoin (BTC) mining due to energy consumption concerns is widely regarded as the trigger for the miners' exodus from Asia to Western countries. But new research by the Cambridge Centre for Alternative Finance suggests that the shift " New post on CryptoScoop China's Bitcoin hash power fell before the crackdown: Cambridge data by admin China's crackdown on Bitcoin (BTC) mining due to energy consumption concerns is widely regarded as the trigger for the miners' exodus from Asia to Western countries. But new research by the Cambridge Centre for Alternative Finance suggests that the shift in mining power started before China's renewed scrutiny. Reuters reported that China's total computing power connected […] Read more of this post admin | July 15, 2021 at 5:59 am | Tags: bitcoin, mining | Categories: News Briefs | URL: https://wp.me/paPOlP-XKG Comment    See all comments Unsubscribe to no longer receive posts from CryptoScoop. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.cryptoscoop.io/chinas-bitcoin-hash-power-fell-before-the-crackdown-cambridge-data/