North American Bitcoin Miners Benefitting From China Ban

Largest Difficulty Adjustment In Bitcoin History

The below is from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

In previous Daily Dives, we covered the mass exodus of bitcoin mining operations out of mainland China following the regulator crackdown.

In particular, we highlighted how bullish of a tailwind this was for North American miners. In “The Daily Dive #021 – North American Miners Arise As Big Winners” published on July 13, we said as follows:

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