US dominates global Bitcoin hash rate distribution after China crackdown

[newshunter]

US dominates global Bitcoin hash rate distribution after China crackdown

The U.S. now accounts for more than a third of the total Bitcoin mining activity, with Kazakhstan and Russia also becoming major locations.

Source: US dominates global Bitcoin hash rate distribution after China crackdown

Would appreciate your opinion about this

[Rinat8368834]

According to my information, Kazakhstan is now in first place, and then Russia, and then the United States. But I do not think that this will last for a long time, since, according to some reports, an energy crisis is brewing, and it is unlikely that production facilities will be the first to be shut down. Rather, they will stop mining.

[mlawson71]

The US is definitely in the first place - they take up some 35% of the Bitcoin Hash Rate, Kazkhstan takes up 18% and Russia does 11%.

[yawar20]

The trend to join bitcoin sure rising day by day and there should be more growth we could be seeing in coming future. The decline of bitcoin mining in China sure created panic in the whole market but other regions are doing still fine.

[trendcoin]

After the events in Kazakhstan, the distribution may be reshaped. Kazakhstan is going through a chaotic period. It may no longer be a safe place for miners. In this case, the share of miners residing in the USA in the pie may grow.