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US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide nearly a percentage point, along with roughly 55 exahash per second (EH/s) of computational power. At the same time, other nation-states that dominate mining, like China and Russia, captured more of […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Hashrate distribution shifts affect network decentralization but not BTC price direction in short term.

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