Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[SCAMEXPOSER]

United States was Crypto currency enthusiasts and Investors were very proactive and opportunity grabbers when China decided throw away a golden opportunity that cryptocurrency has brought to encourage financial freedom. The Cambridge University recently published that the United States is now the world's largest market for Bitcoin mining, now holding a share of 35.4% of the market. This is coming on the heels of the massive movement of miners out from China after the country's crypto mining ban earlier this year. Furthermore, Kazakhstan and Russia follow after the United States, with shares of 18.1% and 11% respectively.

 

[Skysaint]

I think they too are making plans to remain at the top actually. They are very interested in anything related to trading and transacting in cryptocurrency; atleast judging from what I do hear about them.

I think the cryptocurrency idea would be a global term and it's just a matter of time actually. The lower tier regions will come to accept that one day.

 

[btaliat]

The United States is a capitalist economy state and there is always a welcome to new development. This is the main reason why there it embraced what other countries are rejecting. China rejected the activities on crypto because it is more or less communist state where government is in control. And this negates the ideology of crypto.

 

[Dagov]

In spite of the restrictions that the US is putting, still a place permits more opportunity than China. The Chinese could one day regret this choice and others would clearly exploit it.... They will learn the misinformation and lies China have made them to believe.

 

[Dagov]

In spite of the restrictions that the US is putting, still a place permits more opportunity than China. The Chinese could one day regret this choice and others would clearly exploit it.... They will learn the misinformation and lies China have made them to believe.

China is a business nation and anything bussiness that they are not in control of, they seem to be aggressively against it because of jealousy and the other side of the world. Crypto to the top of all the digital monies...

 

[Wisdom01]

The United state of America is the hub of Bitcoin mining and it was able to climb to this position When China issued a total crackdown on Bitcoin mining. All the miners were stranded and it was only the United States of America that invited them over to continue practicing their mining activities and they were given incentives.

Thats why the government of USA would benefit off through revenues that would be made from mining , since the miners would be charged tax , the only problem is renewable energy been used , I wish green energy could be adopted more , so that the government would not start considering the effect of mining on environment

 

[Potuse]

Thats why the government of USA would benefit off through revenues that would be made from mining , since the miners would be charged tax , the only problem is renewable energy been used , I wish green energy could be adopted more , so that the government would not start considering the effect of mining on environment

The government of the United States of America has made laws to tax cryptocurrency related transactions and that is another way to generate revenue for the cryptocurrency haven. The United State of America houses cryptocurrency in times of trouble and we reckon that it is a cryptocurrency hub.

 

[Ben Kempton]

Thats why the government of USA would benefit off through revenues that would be made from mining , since the miners would be charged tax , the only problem is renewable energy been used , I wish green energy could be adopted more , so that the government would not start considering the effect of mining on environment

I think that there are many other countries that are in the list of top 10 countries where cryptocurrencies are mined in a large quantity. Kazakhstan is one such kind of country because mining activities are quite robust in there and it is a cryptocurrency-friendly country as well.

 

[Potuse]

I think that there are many other countries that are in the list of top 10 countries where cryptocurrencies are mined in a large quantity. Kazakhstan is one such kind of country because mining activities are quite robust in there and it is a cryptocurrency-friendly country as well.

Here are the list of countries where cryptocurrencies are mined in record numbers and their hashrate.
United States: 35.4%
Kazakhstan: 18.1%
Russia: 11.23%
Canada: 9.55%
Ireland: 4.68%
Malaysia: 4.58%
Germany: 4.48%
Iran: 3.1%