Bitcoin Mining: Who’s Winning the Hashrate Olympics? 🏅💰

So, here we are, folks! The Bitcoin network hashrate is zooming past 900 exahash per second (EH/s) like it’s late for a date! And guess who’s leading the pack? The United States, with a whopping 36.025% of the global hashrate. Talk about a power move! 💪

Hashrate Showdown: U.S. Dominates, Russia Rises, China… Well, Just Hangs On

The U.S. is strutting its stuff as the top mining region, according to the 2025 heatmap on hashrateindex.com. This site is like the Tinder for Bitcoin miners, showing where the hottest mining action is happening around the globe. 🔥

In the heatmap, the U.S. is flaunting the darkest orange, which means it’s hogging over 36% of the global bitcoin mining pie. Right behind are Russia, Canada, and China, all in varying shades of orange—like a traffic light that’s just about to turn red! 🚦 Russia is making waves with 15.652% of the hashpower, while China is hanging in there at 13.727%, and Canada is just chilling with 2.919%.

Hashrateindex.com’s bitcoin mining heatmap Q2 2025.

The U.S. is riding high thanks to a cocktail of factors: abundant energy resources in states like Texas, some friendly regulations, and a solid infrastructure for those massive mining farms. Meanwhile, Russia is flexing its muscles with vast, remote areas that are just begging for low-cost hydro and natural gas power. 💧

Total network hashrate via the seven-day simple moving average (SMA) over the course of 1 year.

Canada is also in the game, thanks to its hydroelectric energy, especially in Quebec and British Columbia. And China? Well, despite the regulatory drama, it’s still lurking around, probably up to some sneaky business in Sichuan or Xinjiang, where hydropower is as cheap as a cup of instant noodles during the rainy season. 🍜

Other players in the mining game include Kazakhstan (2.484%), Paraguay (3.602%), UAE (3.727%), Oman (3.106%), and Iran (1.242%). Kazakhstan had a mining boom after China’s ban, but now it’s facing its own regulatory hangover. Iran is also getting in on the action, using bitcoin mining as a clever way to dodge sanctions. Who knew electricity could be so political? ⚡️

Paraguay is turning heads in South America with its low-cost hydropower from the Itaipu Dam. Meanwhile, large parts of Africa, the Middle East, and Southeast Asia are looking a bit gray—either they’re not mining at all or they’re just keeping it a secret. These regions often struggle with infrastructure issues, high electricity costs, or political chaos that makes mining a real challenge. 😬

The hashrateindex.com bitcoin mining heat map clearly shows that North America, Eurasia, and a few lucky spots in Latin America are where the bitcoin hashrate party is at! 🎉

Read More

2025-05-27 15:59