From September 2021 to January this year, China’s contribution to the bitcoin mining network was second only to that of the U.S., according to the CCAF’s Bitcoin Electricity Consumption Index (CBECI), which maps the mining activity around the world based on the geolocational data reported by partnering pools.
Related posts
-
Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows
On-chain analytics platform Glassnode has provided insights into why the Bitcoin price recently dropped below $70,000.... -
Crypto industry doesn’t need Bitcoin anymore
In an interview posted Thursday, Charles Hoskinson called the Bitcoin following a ‘religion’ and unsustainable. Hoskinson,... -
Bitcoin (BTC) Price Drops Below $68K, Ether Slumps in Crypto Market Sell-Off as ETH ETF Decision Looms
Please note that our privacy policy, terms of use, cookies, and do not sell my personal...