Countries list mining bitcoin

Here is a list of countries that are involved in Bitcoin mining.

• China: China used to be the top spot for Bitcoin mining, up to 75% of global capacity, but a crackdown in the summer of 2021 saw their share drop to nil in just a couple of months. Many miners relocated to nearby Kazakhstan, attracted by cheap electricity, loose regulations, and a ‘stable’ political climate.
• United States: The US is a leader in ranking when it comes to Bitcoin mining by country, making it legal. Miners with a math gene will do well in New York and also in Texas, among the most common regions in America to mine some bitcoin.
• The infrastructure required for miners to do their work is relatively affordable and includes a device, Wifi connection, and electric power. It’s not difficult to learn, and America offers the tools and support for potential miners.
• Kazakhstan: Kazakhstan is a bitcoin miner powered by coal as coal is cheap and its power efficiency is driving the bitcoin mining business in the country.
• It is also home to a desert where 50,000 computers are established in Ekibastuz so that the miners can get.
• Russia: Russia is also one of the top locations for bitcoin and cryptocurrency, with 9.6% of the total global hashrate.
• However, there are some indications that Russia will be imposing certain bans and restrictions on cryptocurrencies going forward.
• Canada: Canada is also one of the top countries for Bitcoin mining, with 6.5% of the total global hashrate.
• It has a high percentage of renewable energy, making it an attractive location for miners.
• Germany: Germany is another country with a high percentage of renewable energy, making it an attractive location for miners.
• However, its reported share of Bitcoin mining is thought to be a significant overstatement caused by miners in other countries masking their true locations.
• Ireland: Ireland is also a country with a high percentage of renewable energy, making it an attractive location for miners. However, its reported share of Bitcoin mining is thought to be a significant overstatement caused by miners in other countries masking their true locations.
• Georgia: Georgia is a country that is friendly regarding crypto regulations.
• It has all kinds of great opportunities for crypto miners, and it is more focused on doing its own thing. It has a bigger need to pull in business and investment and is more willing to cater to up-and-coming opportunities.
• Iceland: Iceland is another country that is friendly regarding crypto regulations.
• It has a lot of renewable energy, making it an attractive location for miners.
• Malaysia: Malaysia is a country that is also involved in Bitcoin mining, with 2.5% of the total global hashrate. However, it has a relatively low percentage of renewable energy.
• Singapore: Singapore is another country that is involved in Bitcoin mining, with a relatively low percentage of renewable energy.
• Thailand: Thailand is also involved in Bitcoin mining, with a relatively low percentage of renewable energy.

It is important to note that the situation regarding Bitcoin mining can change rapidly, and the information provided here is accurate as of October 2023.