United States Overtakes China to Become the Leading Bitcoin Mining Hub

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The United States (US) has officially broken China’s monopoly on the Bitcoin mining market and become the leading BTC mining hub. China has dominated BTC mining for the majority of the past decade and accounted for more than 70% of Bitcoin mining. However, recent crypto crackdowns in the country especially in May and June led to the mass exodus of some of the biggest Bitcoin mining farms in the country.

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