Author - Mansur Ismagulov
The Tech AI
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A study by the University of Cambridge showed a decline in China's share of global Bitcoin mining from 75.5% to 46%, while Kazakhstan's share grew from 1.4% to 8.2%. The US share increased from 4.1% to 16.8%. Russia and Iran took fourth and fifth places, respectively. Kazakhstan became the largest producer of crypto assets amid its leadership in uranium mining.
According to a study by the University of Cambridge, China's share of global Bitcoin mining dropped from 75.5% to 46%. Meanwhile, Kazakhstan's share increased nearly sixfold, from 1.4% to 8.2%. It is worth noting that this occurred before Chinese authorities began cracking down on the industry in June.
The United States came in second, with its share growing from 4.1% to 16.8%, while Russia and Iran became the fourth and fifth largest Bitcoin mining countries.
Congratulations: Kazakhstan is not only now the world's largest uranium producer but is also becoming the largest producer of crypto assets.
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