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Global Hashrate War; Is North America Winning?
Bitcoin network hashrate has grown by 100 EH/s in 2023 and 70% YoY. It's estimated that 50% of global hashrate resides in the United States and Canada, but how long this dominance is going to last?Recently there has been some regulatory changes in the US that is believed to limit the growth of Bitcoin mining operations. On the other hand, Russia seems to be on a mission to grow its global Bitcoin mining footprint.In this episode of Hash-Op, I cover these recent headlines in the Bitcoin mining space and the growth of Bitcoin network hashrate.
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By Hoda RezaeiBitcoin network hashrate has grown by 100 EH/s in 2023 and 70% YoY. It's estimated that 50% of global hashrate resides in the United States and Canada, but how long this dominance is going to last?Recently there has been some regulatory changes in the US that is believed to limit the growth of Bitcoin mining operations. On the other hand, Russia seems to be on a mission to grow its global Bitcoin mining footprint.In this episode of Hash-Op, I cover these recent headlines in the Bitcoin mining space and the growth of Bitcoin network hashrate.