US topples China to become the leading destination for BTC miners
The US has become the leading contributor of Bitcoin’s (BTC) global hashrate, surpassing China for the first time. A report disclosed this news on October 13, citing new data from the Cambridge Centre for Alternative Finance, which scouted BTC electricity consumption across the globe. The university released its findings through the Cambridge Bitcoin Electricity Consumption […]
Crypto Behaves Healthily Despite China Clampdown
In about 48 hours, the crypto market made an impressive return after the new China ban on crypto mining and trading. The latest release of regulatory calls on crypto transactions by the People’s Bank of China (PBoC) made the market experienced a downward spike. However, there was a quick retracement, unlike before. Crypto Market Behavior […]
