The U.S. Has Overtaken China As the Largest Miner of Bitcoin, Data Shows

The U.S. has now overtaken China as the largest miner of Bitcoin, according to new data from the Cambridge Center for Alternative Finance.According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), the U.S.' average monthly hashrate share -- or computational power required to mine Bitcoin -- as of July represented 35.4% of global Bitcoin mining efforts. Kazakhstan was second in average monthly hashrate share with 18.1% as of July, followed by Russia with 11.2% and Canada with 9.5%....