Important update on the Bitcoin mining landscape! A recent report reveals that China's share of global Bitcoin mining has dropped to 46.4% in 2023, down from 65% in 2022. This shift is attributed to increased competition and stricter regulations. The US and other countries are now picking up the slack, potentially altering the global mining dynamics.

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This shift highlights the growing global diversification of Bitcoin mining, potentially leading to a more resilient and competitive market.