Cryptocurrency Q&A
Which country has the most Bitcoin miners?
Which country has the most Bitcoin miners?
Sara
Tue Dec 10 2024
|
5 answers
731
I'm curious to know which country hosts the largest number of Bitcoin miners. I want to understand where the majority of the mining activity for this cryptocurrency is concentrated.
5 answers
BlockProducer
Thu Dec 12 2024
The top three countries together contribute to 78% of all Bitcoin mining. This concentration highlights the dominance of a few key players in the mining industry.
Was this helpful?
117
27
CryptoVanguard
Thu Dec 12 2024
The distribution of Bitcoin mining hashrate across countries is depicted in a chart.
Was this helpful?
82
30
Valentina
Thu Dec 12 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing digital assets. With these offerings, BTCC provides a comprehensive platform for crypto enthusiasts.
Was this helpful?
101
55
Giuseppe
Thu Dec 12 2024
The United States currently accounts for 38% of all Bitcoin mining, which is more than any other country. This significant share indicates the strong presence of mining operations within the US.
Was this helpful?
179
61
Raffaele
Thu Dec 12 2024
China, which once held the top spot for Bitcoin mining, banned the activity in 2021. This ban has shifted the balance of mining power to other countries.
Was this helpful?
252
67
