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Is China making a comeback in bitcoin mining?

China Makes a Comeback in Bitcoin Mining Despite Government Ban Harvard Grad Seeks Investor to Help Togo Slash Internet Costs Elon Musk Tweet Storm Bodes Ill for Twitter Shareholders

Which country is the second-largest bitcoin miner in the world?

While the US extended its leading position as the dominant location for Bitcoin mining, China has reemerged as the second-largest locale despite a government ban on the activity last year.

What are bitcoin miners and how do they work?

Up until China's crackdown earlier this year, miners — individuals who process and verify Bitcoin transactions and add them to the blockchain ledger — were hugely concentrated, with around 60% –70% located in China. For their work, miners are rewarded with newly created Bitcoins.

Where are the power cords for bitcoin mining machines plugged into?

Power cords for bitcoin mining machines are plugged into electrical outlets at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017.

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