Cambridge University releases Bitcoin mining map, showing that China controls 65% of the hash rate, with the majority concentrated in the Xinjiang region.

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Cambridge University releases Bitcoin mining map, showing that China controls 65% of the hash rate, with the majority concentrated in the Xinjiang region.

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge has released a Bitcoin mining map, which provides an overview of the global distribution of Bitcoin hash rate by country/region. The map shows that China accounts for 65% of the hash rate distribution, with one-third of the global hash rate located in the Xinjiang region.

China Controls 65% of Total Hashrate

According to a map released by the University of Cambridge, the majority of Bitcoin hashrate is concentrated within China, accounting for 65.08% of the global total, nearly nine times more than the second-place United States (7.24%), followed by Russia (6.90%), Kazakhstan (6.17%), Malaysia (4.33%), and Iran (3.82%). The combined hashrate of other countries/regions is 6.5%, with no single country/region contributing more than 1%.

Source: Cambridge Bitcoin Electricity Consumption Index

Furthermore, the map also stores historical data, allowing users to track changes in hashrate distribution over time. Users can select multiple months to view average hashrate over longer periods.

Xinjiang Region Holds One-Third

Moreover, when focusing on the map within China, it is revealed that over half of China's hashrate is located in the Xinjiang region, accounting for 35.76% of the global total hashrate. Sichuan follows Xinjiang (9.66%) as the second largest mining concentration area in China, followed by Inner Mongolia at 8.07%, Yunnan at 5.42%, and Beijing at 1.73%. With the Bitcoin halving set to occur in less than a week, global hashpower has recently hit an all-time high in the past few days. Following the halving, how global hashrate will change remains to be seen, and the University of Cambridge's hashrate map will provide a comprehensive view.

However, it is important to note that the map only utilizes data from three major Bitcoin mining pools (BTC.com, Poolin, and ViaBTC), which collectively represent 37% of the total Bitcoin hashrate. This may not fully represent the actual situation of the Bitcoin network, but this situation may improve in the future with the addition of other mining pools.