Skip to content
  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Twitch
  • Email
  • About Us
  • Contact Us
  • Advertisement Rates:
  • Privacy Policy
  • Refund Policy
  • Associate Journalism
Artifex.News

Artifex.News

Stay Connected, Stay Informed.

  • Breaking
  • Local
  • Regional
  • National
  • International
  • Business
  • Sports
  • Lifestyle
  • Technology
  • Toggle search form
  • Smartphones
    Chinese Smartphone Prohibited in India Business News
  • Gold_Jewelry
    Check Price Of Gold On August 10 In Your City Here National News
  • bus accident
    9 People Died In West Bengal Road Accident National News
  • Covid test
    India details 52 covid deaths in last 24 hours National News
  • Heavy_Rain
    IMD forecasts possibility of heavy rain in Kolkata National News
  • police handcuff
    CBI blames Anubrata Mondal’s security in cattle case National News
  • Instagram to tests 9:16 photos soon International News
  • Cloudburst
    Himachal Pradesh hit by cloudburst; 1 death National News
Bitcoin Representation in Hardform

United States Became the World’s New Bitcoin Mining Center

Posted on July 19, 2021September 14, 2021 By Haris Daniyel

United States Became the World’s New Bitcoin Mining Center. Long before China decided to expel all Bitcoin miners, they had left in droves, and new data from the University of Cambridge showed that they were likely to go to the United States.

The United States has quickly become the new favorite of the Bitcoin mining industry. It is the second-largest mining destination on the planet, accounting for nearly 17% of all Bitcoin miners in the world by April 2021. This is an increase of 151% compared to September 2020.

“In the past 18 months, we have had the growth of mining infrastructure in the United States,” said Darin Feinstein, founder of Blackcap and Core Scientific. “We have noticed a significant increase in mining operations looking to relocate to North America, primarily the United States.”

This dataset does not include a large number of miners who have evacuated from China, resulting in half of the world’s miners. Experts told CNBC that the United States is in the mining market. The turnout may be higher than the figures show.

According to the latest data released by Cambridge, just before the start of China’s mining ban, the country accounted for 46% of the world’s total computing power. This is an industry term used to describe the collective computing power of the Bitcoin network.

This is a sharp drop from 75.5% in September 2019, and given the ongoing exit, this percentage may be much lower. 4,444 “500,000 old Chinese mining machines are looking for homes in the United States,” said Fred Thiel of Marathon Digital. “If implemented, it will mean that by the end of 2022, the computing power of North America will be close to 40% of the world.”

Stay tuned with Artifex.News for further updates. Stay Connected, Stay Informed!

Image Credit: Wikimedia Commons.

Tech News

Post navigation

Previous Post: Lewis Hamilton won the eighth Grand Prix of Great Britain
Next Post: Covid-19, India Adds 38, 164 Fresh Covidcases

Related Posts

  • Netflix to halt operations in Russia Breaking News
  • Rocket launches causes a negative impact on climate Tech News
  • An Apple II manual from 1980, signed by Steve Jobs sold for $787,484. International News
  • New Drone Rules announced by Government. National News
  • Changpeng Zhao
    Binance banned by the UK Tech News
  • New South Korea law against monopoly of Tech Companies International News

More Related Articles

Amazon acquires a secure chat application used by government agencies Tech News
Amazon vans line up at a distribution center to pick up packages for delivery on Amazon Prime Day in Orlando, Florida. Amazon’s carbon emissions have increased by 19% in 2020, even if Covid19 pushes global levels down Tech News
Microsoft CEO Microsoft to provide employees with a $ 1,500 bonus for their efforts during the pandemic Tech News
Bitcoin Bitcoin mining has become easier and more profitable Tech News
Vivo X70 Vivo X70 is equipped with an f / 1.15 camera aperture, FiveAxis image stabilization function, 120Hz refresh rate Tech News
Jio invests in ‘Two Platforms’ National News
icicidirect.com

Categories

  • Breaking News
  • Business News
  • Entertainment News
  • International News
  • Local News
  • National News
  • Regional News
  • Sports News
  • Tech News

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021

Artifex.News

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
icicidirect.com
Icici Securities
July 2021
S M T W T F S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jun   Aug »

Recent Posts

  • Chinese Smartphone Prohibited in India
  • Check Price Of Gold On August 10 In Your City Here
  • 9 People Died In West Bengal Road Accident
  • India details 52 covid deaths in last 24 hours
  • IMD forecasts possibility of heavy rain in Kolkata
  • CBI blames Anubrata Mondal’s security in cattle case
  • Instagram to tests 9:16 photos soon
  • Himachal Pradesh hit by cloudburst; 1 death
  • Petrol, Diesel Price Today In Delhi, Mumbai
  • Partha Chatterjee-Arpita Mukherjee in BIG problem
Icici direct
  • Smartphones
    Chinese Smartphone Prohibited in India Business News
  • Gold_Jewelry
    Check Price Of Gold On August 10 In Your City Here National News
  • bus accident
    9 People Died In West Bengal Road Accident National News
  • Covid test
    India details 52 covid deaths in last 24 hours National News
  • Heavy_Rain
    IMD forecasts possibility of heavy rain in Kolkata National News
  • police handcuff
    CBI blames Anubrata Mondal’s security in cattle case National News
  • Instagram to tests 9:16 photos soon International News
  • Cloudburst
    Himachal Pradesh hit by cloudburst; 1 death National News

Copyright © 2021 Artifex.News | News Portal designed and published by Artifex Infotech.