News Snapshot:
- Cambridge Centre for Alternative Finance, or CCAF’s collected data, China still accounts for a considerable Bitcoin mining hashrate. - The country banned cryptocurrencies and their mining last year and remained a vehement critic of digital assets. - This raises scepticism as to how China accounted for the mining hashrate and how it surged within a month. According to the Cambridge Centre for Alternative Finance, or CCAF, which collected data from September 2021 to January 2022 for their latest study on Bitcoin mining hashrate. And it has highlighted something that raises questions about the Chinese crackdown on cryptocurrencies and their...
