Geographic Mining Distribution
A snapshot of how global hashing power is spread among different regions, relevant for decentralization and policy.
If too much mining is clustered in a single country or region, concerns arise about regulatory crackdowns or natural disasters affecting Bitcoin’s security. Conversely, a well-distributed hash rate across continents bolsters resilience against localized events. Historically, China dominated mining due to cheap electricity, but recent crackdowns have pushed miners to other locales. Monitoring geographic shifts reveals how mining operations adapt to regulations, power costs, and political risks.
Key takeaways
Distribution impacts regulatory and censorship concerns
Historically, large presence in China; now more globally dispersed
Reflects how miners chase low energy costs and favorable rules