New research by the Cambridge Centre for Alternative Finance (CCAF) shows that China’s share of Bitcoin mining fell from an impressive 75.5% in September 2019 to 46% in April 2021—a period before the recent government crackdown on the mining industry.
The analysis, which is based on the updated Cambridge Bitcoin Electricity Consumption Index (CBECI) and includes data from four Bitcoin mining pools–BTC.com, Poolin, ViaBTC, and Foundry, also shows that the United States’ share of the hash rate has soared from 4.1% to 16.8%, making it the second-largest force in the Bitcoin mining industry.
Kazakhstan, despite plans to introduce additional taxes on the sector, is also considered among the top destinations for cryptocurrency miners. The country has seen its share of Bitcoin’s computational power increase almost six-fold–from a mere 1.4% to 8.2%.
Russia and Iran made it to the top five as well with 6.8% and 4.6% respectively.
Evolution of the share of global Bitcoin mining.
Źródło: https://decrypt.co/75995/chinas-bitcoin-mining-exodus-began-before-latest-crackdown
