đ **Crypto Mining: The East vs. West Showdown!**
- Despite China's crypto ban, Chinese Bitcoin miners still control a whopping 55% of the global network. Talk about persistence! đšđł
- U.S. mining firms are catching up, now managing 40% of the network. It's like a crypto tug-of-war! đșđž
- China's dominance is surprising, given their strict 2021 ban on mining and trading.
- Change is brewing: China plans to update its AML regulations by 2025 to include crypto transactions. Could this mean a softer stance on crypto? đ€
- Bitcoin miners had a rough August, with revenues hitting a yearly low of $827.56 million. Hang in there, miners!
