With the regard to the adoption of blockchain technology, the U.S. is not behind any other country, but besides that, when it comes to crypto mining it holds more than a third on a global scale.
The share of the American hashrate has been increasing since 2019 when it represented only 5.3% of the global hashrate. The demand for cryptographic mining in the United States began to increase rapidly when the Government of China banned crypto mining in 2021.
When it comes to mining, Kazakhstan comes in second place, accounting for 19% of the global hashrate. Canada comes third at 11%, followed by Malaysia (6%) and Germany (5%). All other countries where crypto mining is permitted account for less than 22% of the global share.
The share of the American hashrate has been increasing since 2019 when it represented only 5.3% of the global hashrate. The demand for cryptographic mining in the United States began to increase rapidly when the Government of China banned crypto mining in 2021.
When it comes to mining, Kazakhstan comes in second place, accounting for 19% of the global hashrate. Canada comes third at 11%, followed by Malaysia (6%) and Germany (5%). All other countries where crypto mining is permitted account for less than 22% of the global share.