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Bitcoin hashrate rebounds after China’s mining shutdown

Bitcoin’s hash rate is changing from Chinese government’s repression In terms of mining operations, according to data From Blockchain.com, as of August 23, its computing power is about 127.26 million terahash per second (TH/s).

China used to be responsible for most of Bitcoin’s computing power. July, Cambridge Centre for Alternative Finance Said China accounts for 46% of Bitcoin’s computing power. The United States accounts for 16.8%; no other country can make a double-digit contribution to computing power.

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