North American Bitcoin Index – Bitcoin Magazine: Bitcoin News, Articles, Charts & Guides

bitcoin mining index in north america.

Chinese Bitcoin miners, exit from the left stage.

Five provinces, including Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan, have either banned the industry entirely or reduced it to levels not found before through regulations. And now, for the first time since the emergence of ASICs in 2013, the core of the Bitcoin mining industry is looking for a new home.

North America in particular waits with open arms to welcome immigrant miners. Mature capital markets, renewables and hybrids, and a host of young companies make the continent a natural home for a significant proportion of the hashrate coming out of China.

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