🌐 Cambridge: 38% of global Bitcoin mining activity is now in the United States
Cambridge University reports that the United States mines around 38% of all Bitcoin, reflecting the country's emergence as an important hub in the industry✨
Other countries are exploiting:
🇨🇳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 energy availability and favorable US regulations 🐻