Banking On China Ban, This Central Asian Country Has Become 3rd Largest Hub For Bitcoin Mining

Central Asian country Kazakhstan has become one of the world’s leading hubs for Bitcoin (CRYPTO: BTC) mining, ranking behind the United States and China. What Happened: This comes after China in August 2021 suspended mining and trading operations, placing the U.S. at the top — and Kazakhstan banked on the move and became the first to welcome the displaced Chinese miners.