After the Chinese language authorities launched a full ban on cryptocurrency transactions in September by equating them to unlawful monetary exercise, native cryptocurrency miners both dropped off the radar or moved to different nations to be able to proceed with their enterprise.

The US subsequently grew to become the chief when it comes to (BTC) mining volumes with a share of 35.4%. Modest Kazakhstan is at present in second place (18.1%), and the bronze spot was secured by Russia (11.23%).