News

Canada becomes fourth-largest Bitcoin mining destination after China ban

​​9.55%

That’s how much of the world’s Bitcoin was mined in Canada in August, up from 1.87 per cent the same month last year, according to new data from Cambridge University. The increase made Canada the fourth-largest destination for Bitcoin mining in the world, up from eighth place.

    Enter your email to read this article for free

    By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.
    Already a subscriber?

    In-depth, agenda-setting reporting

    Great journalism delivered straight to your inbox.

    Briefing

    Business council accuses Liberals of ‘bad faith’ as they table bill on competition, housing

    India suspends visa services for Canadians as tensions grow

    Microsoft announces AI-powered platform for PCs

    Best business newsletter in Canada

    Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

    Exclusive events

    See the bigger picture with reporters and industry experts in subscriber-exclusive events.

    Membership in The Logic Council

    Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

    Canada's most influential executives and policymakers are reading The Logic

    • CPP Investments
    • Sun Life Financial
    • C100
    • Amazon
    • Telus
    • Mastercard
    • bdc
    • Shopify
    • Rogers
    • RBC
    • General Motors
    • MaRS
    • Government of Canada
    • Uber
    • Loblaw Companies Limited