Increasing understanding of Bitcoin is speeding up its its growth , as the public becomes more involved with the cryptocurrency 's distribution . This pattern is particularly pronounced in China , which is already the world 's leading force in bitcoin mining , despite heavy government subsidies . In August 2016 , over 60 % of internet users used Chinese yuan , an increase of 24 % on 2015 .
Increasing understanding of Bitcoin is driving up its its price, as the public becomes more involved with the cryptocurrency's distribution. This pattern is particularly pronounced in China, which is already the world's leading force in bitcoin mining, despite heavy government regulation. In August 2016, over 94% of bitcoin trade used Chinese yuan, an increase of 24% on 2015.