https://blockchaining.org/tags/bitcoin-mining/ Recent content in Bitcoin Mining on Blockchaining.org Hugo en-us Wed, 22 Apr 2026 00:00:00 +0000 https://blockchaining.org/2026/04/22/the-united-states-absorbed-most-of-the-worlds-bitcoin-mining-in-three-years/ Wed, 22 Apr 2026 00:00:00 +0000 https://blockchaining.org/2026/04/22/the-united-states-absorbed-most-of-the-worlds-bitcoin-mining-in-three-years/ <p>In December 2021, the United States held approximately 38% of the global Bitcoin mining hashrate, China held 21%, and Kazakhstan held 13%. By 2024, a Cambridge Centre for Alternative Finance survey covering roughly 48% of the Bitcoin network&rsquo;s hashrate found that the United States accounted for 75.4% of reported power consumption among the top five countries, with Canada at 7.1%, Paraguay at 3.4%, Norway at 2.8%, and Kazakhstan at 2.6%. The redistribution was rapid and largely involuntary — driven by China&rsquo;s 2021 ban on all cryptocurrency transactions rather than by any deliberate U.S. policy decision to absorb the activity.</p>