Intel Unveils new Bitcoin (BTC) Asic Miner

Intel Unveils new Bitcoin (BTC) Asic Miner

Crypto mining has been an area of intense regulatory and government scrutiny recently. Following China’s ban on Bitcoin (BTC) mining last summer, government chatter had been silent until the start of the year.

In January, an energy crisis across Eastern Europe led to the Kosovo Government banning crypto mining. The government imposed a ban to curb energy consumption. By global standards, Kosovo only accounted for 0.01% of Bitcoin’s global hash rate in August 2021.

According to the Cambridge Centre for Alternative Finance, the U.S. was the largest, with a total Bitcoin mining hashrate of 35.4%.