Following a ban on Bitcoin mining in China earlier this year, it seems that the network has fully recovered which is a testament to the cryptocurrency's resiliency. The U.S. now has the most miners.
Bitcoin mining RSS
New Chia cryptocurrency is based on a mechanism that utilizes unused disk space for mining. This has led to massive price hikes of storage parts like hard drives and SSDs in Hong Kong, says a report.
According to a study, global power consumption in Bitcoin mining reached new highs this year, topping 7 GW. Industry stands at 120 EH/s with China contributing significantly to the mean hashrate.
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