Which country is the second-largest bitcoin miner in the world?

While the US extended its leading position as the dominant location for Bitcoin mining, China has reemerged as the second-largest locale despite a government ban on the activity last year.

Is China making a comeback in bitcoin mining?

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What is bitcoin mining?

The process of bitcoin mining involves the verification of new transactions against the Bitcoin network, which results in the production of new bitcoins. Bitcoin mining is the process by which Bitcoin transactions are validated digitally on the Bitcoin network and added to the blockchain ledger.

How to set up a bitcoin miner?

A bitcoin miner will first select their tools of the trade and set them up. These include: Hardware GPU (graphics processing unit), SSD for crypto mining, or ASIC (application-specific integrated circuit) Preferred mining pool (if one chooses pool mining option instead of solo mining)