How Long Will British Columbia’s Bitcoin Mining Ban Last Amid Rising Global Demand?

Quick Summary:

The global issue is getting more complex as Bitcoin surges to a new ATH of $107K today and demand is going to rise in the future.

Bitcoin network hashrate rose 6% in December, averaging 773 exahashes per second (EH/s).

While the world is eyeing Bitcoin some countries are still against Bitcoin mining which is the only surviving factor for Bitcoin.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Bitcoin Crypto Regulations News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 08:05:02 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24496857

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 22 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #112

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