Study Reveals Surprising Dominance in Bitcoin as Government Moves to Embrace Crypto: 'Going to Turbocharge Bitcoin Mining'

Study reveals surprising dominance in bitcoin as government moves to embrace crypto: 'Going to turbocharge bitcoin mining'

A new study has found the United States is securing its position as a bitcoin mining superpower — and the report has analysts optimistic about the industry's potential. As BeInCrypto detailed, the Cambridge Centre for Alternative Finance conducted a survey that revealed the U.S. accounts for 75.4% of reported bitcoin mining activity, racing ahead of the competition, with Canada recording the next-closest hashrate at 7.1%. The survey, which occur…

Will U.S. Sustain Its Bitcoin Supremacy?

The post Will U.S. Sustain Its Bitcoin Supremacy? appeared on BitcoinEthereumNews.com. Bitcoin recently achieved a record high, reaching an extraordinary $111,980. This surge was predominantly led by institutional players from the United States, highlighting an intricate digital power struggle between the U.S. and China that goes well beyond mere market dynamics. Why is America Gaining Bitcoin Dominance?What Role Does China Play in the Bitcoin A…