The European Union accounts for only 6% of Bitcoin mining power, with the United States ranking first
According to the latest report from Bankless Times on Bitcoin mining, the 28 countries of the European Union (EU) collectively account for 6% of the Bitcoin network's computing power. Among them, Ireland's GDP in 2023 is $115 billion, nearly 160 times lower than that of the EU's GDP, but it accounts for 2% of the Bitcoin network's computing power. The United States is currently the leading country in Bitcoin mining, with 38% of the network's computing power. China ranks second with a share of 21%, followed by Kazakhstan (13%) and Canada (7%). Russia ranks fifth with a share of 5%.
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