"US Accounts for 40% of Bitcoin Network Hashrate"
Doohyun Hwang
Summary
- It was reported that the US accounts for 40% of the Bitcoin network hashrate.
- It was analyzed that Bitcoin mining activity in the US has increased due to the influence of President-elect Donald Trump.
- Bitcoin's price rose by 1.2% on the Binance Tether (USDT) market compared to the previous day.
It has been revealed that about half of the Bitcoin (BTC) network hashrate is generated in the United States.
According to Cloverpool's data on the 3rd (local time), the United States currently accounts for about 40% of the Bitcoin network hashrate. This is attributed to the increased Bitcoin mining activity in the United States due to the influence of President-elect Donald Trump.
Meanwhile, Bitcoin is currently trading at around $98,100 on the Binance Tether (USDT) market, up 1.2% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
