China’s illegal Bitcoin miners are off-grid because the country’s recorded share of the global hash rate is 0%

China’s dominance in the field of cryptocurrency mining has ended, the latest statistics come from Cambridge Bitcoin Power Consumption Index (CBECI) reports zero activity in the region from July 2021 (approved Mining pool).

This is not surprising given that the Chinese Communist Party has declared that “commercial activities related to virtual currencies are illegal activities”, but this is the first time that China has not had a place in Bitcoin mining statistics.