Most of the activity on the Bitcoin (BTC) network now happens during European and US business hours, with a notable drop in the share of activity happening during Asian hours, a new report from the crypto analytics firm Coin Metrics has found. Judging from the findings in the report, use of the Bitcoin network in Asia fell markedly around July 2021, a date that corresponds roughly with a major crackdown on Bitcoin mining in China....
Most of the activity on the Bitcoin (BTC) network now happens during European and US business hours, with a notable drop in the share of activity happening during Asian hours, a new report from the crypto analytics firm Coin Metrics has found. Judging from the findings in the report, use of the Bitcoin network in Asia fell markedly around July 2021, a date that corresponds roughly with a major crackdown on Bitcoin mining in China....
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