The Centre for Alternative Finance (CCAF) at the University of Cambridge has launched a Bitcoin Mining Map that provides the monthly average hash rate produced by each country worldwide.
The map is informed by data from the mining groups ViaBTC, Poolin, and BTC.com. Cambridge claims that the platform is the first to publicly provide a geographic breakdown of the Bitcoin hash power distribution (BTC).
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China accounts for 65% of the hash power
Not surprisingly, the map shows that the vast majority of hash power is in China, with 65.08% of the world’s total.
That’s almost nine times more than the U.S. in second place with 7.24%, followed by Russia with 6.90%, Kazakhstan with 6.17%, Malaysia with 4.33%, and Iran with 3.82%.
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The rest of the world combined accounts for 6.5% of the hash power, with each remaining country comprising less than 1% respectively.
The CCAF also stores historical data, allowing users to see how the distribution of hash power has changed over time. Users can also select several months to view the average hash power over a longer period.
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One third of the world’s hash rate is in Xinjiang
The website contains two maps showing the distribution of hash rates in the world and in China, respectively.
More than half of China’s hash power is in the Xinjiang region, which accounts for 35.76% of the world total.
Sichuan province has the second highest concentration of mining power within China, with 9.66%, followed by Inner Mongolia with 8.07%, Yunnan with 5.42%, and Beijing with 1.73%.
With Bitcoin halving in less than a week, global hash power has reached new all-time highs in recent days.