BBC News: US leads Bitcoin mining as China ban takes effect
China's share of global Bitcoin mining has fallen to effectively zero, research by the Cambridge Bitcoin Electricity Consumption Index (CBECI) suggests. The latest data by the Index, developed at the Cambridge Centre for Alternative Finance, based at Cambridge Judge Business…
Financial Times: US overtakes China as biggest bitcoin mining hub after Beijing ban
The latest Bitcoin mining report from the Cambridge Centre for Alternative Finance finds that the US is now first in the world following a government crackdown in China. This new data (to the end of August 2021) shows the US…
Bloomberg: The US leads the world in bitcoin mining after China crackdown
Another take on the Bitcoin research coming out of the Cambridge Centre for Alternative Finance, based at Cambridge Judge Business School. The latest update to the Cambridge Bitcoin Electricity Consumption Index (CBECI) has confirmed the impact of the Bitcoin mining…
Geographic shift
The United States has taken the leading position in Bitcoin mining following China's crackdown on mining operations, shows data update from the Bitcoin Electricity Consumption Index (CBECI) at the Cambridge Centre for Alternative Finance. By Michel Rauchs, Digital Assets Lead…
BBC News: Cambridge data shows Bitcoin mining on the move
New data from the Cambridge Centre for Alternative Finance shows geographic shifts in Bitcoin mining – with China’s share declining sharply even before a government crackdown in June 2021. “The Cambridge researchers observed that the crackdown, once enacted, effectively led…
Financial Times: China’s share of bitcoin electricity usage drops as Kazakhstan surges
A further press coverage for the new update of the Cambridge Bitcoin Electricity Consumption Index (CBECI) by the Cambridge Centre for Alternative Finance (CCAF). The CCAF data shows “China’s global hashrate, the computational power required to mine new bitcoins, fell…
The Economist: Deep in rural China, bitcoin miners are packing up
A new update of Cambridge Bitcoin Electricity Consumption Index (CBECI) by the Cambridge Centre for Alternative Finance at Cambridge Judge reveals that China’s share of total Bitcoin mining power has declined from 75.5% in September 2019 to 46% in April…
BBC News: Tesla will no longer accept Bitcoin over climate concerns, says Musk
Further coverage of a research from the Centre for Alternative Finance: an online tool created by Michel Rauchs that estimates the electricity consumption of Bitcoin. The index shows “that the process of mining the cryptocurrency - which involves using vast…
BBC News: Bitcoin consumes ‘more electricity than Argentina’
Michel Rauchs, Research Assistant at the Cambridge Centre for Alternative, comments on Bitcoin energy consumption. “It is really by design that Bitcoin consumes that much electricity,” he says. “This is not something that will change in the future unless the…
Yahoo Finance: Blockchain technology is evolving exponentially
A report co-authored at the Cambridge Centre for Alternative Finance (CCAF), explains “how blockchain technology has become more and more institutional to the benefit of end-users.” The report written by Keith Bear and Michel Rauchs form the CCAF and published…