🔻The top 10 countries in Bitcoin mining, accounting for 93.8% of the network’s hashrate, are led by the U.S., China, and Kazakhstan, with China's position dwindling after a 2021 crackdown.

🔻Renewable energy sources account for 30% of global electricity generation in 2022, with Kazakhstan heavily reliant on coal at 60% and China expanding in wind and solar power.

🔻Factors such as regulatory environment, electricity costs, and climate influence mining locations, with Canada's hydroelectric resources becoming increasingly attractive.


Bitcoin miners use an estimated 348 terawatt hours of electricity per year, and with the world increasingly moving to renewables,some are asking the question: just where does Bitcoin get its electricity?

To answer that question, Visual Capitalist's Chris Deckert partnered with /3t0F03d?utm_source=visualcapitalist&utm_medium=infographic&utm_id=viscap-hive]HIVE digital to visualize data from the Cambridge Centre for Alternative Finance and Ember, a climate-oriented energy think tank, to look at the Bitcoin network’s electricity mix.
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