November 17th, 2021
Coinbase Bytes marketing
C/P
Bitcoin network’s total mining power has recovered over 90% from July lows after China’s miner crackdown.
North America has replaced China as the world’s leading mining destination, responsible for more than 25% of the world’s BTC mining activity.
Kazakhstan accounts for 18%.
Russia — which is considering legislation that would allow the government to capitalize on the country’s growing hashrate — accounts for 11%.
