Just Three Nations Command 66% of Bitcoin's Hashrate
Fresh figures from Hashrate Index reveal that two-thirds of global Bitcoin computing power sits within three borders.
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Key takeaways
- Three countries account for roughly 66% of total Bitcoin hashrate.
- Figures come from Hashrate Index's October comparison data.
- The metrics measure geographic location, not pool control or ownership.
Three nations still hold roughly two-thirds of the Bitcoin network's total hash power, per fresh data from Hashrate Index.
In its October comparison numbers, the analytics firm shows that roughly 66% of estimated global hashrate sits within just three national borders. But there's a key distinction here. The dataset strictly measures physical hardware locations—it ignores corporate ownership setups and the actual mining pools routing the hash power.
Why it matters
Stacking rigs in a few spots leaves the network open to regional choke points. Should host governments in those top three regions pull the plug with sudden power caps or regulatory bans, a huge slice of hashing power drops offline immediately. Still, physical footprint isn't operational control. Because these figures measure hardware locations rather than pool governance or rig ownership, actual network control remains far more decentralized than the raw map suggests.
Source: CryptoSlate
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Mia digs into DeFi and on-chain data, translating protocol mechanics into plain English for everyday readers.
