Bitcoin Mining by Country Statistics 2026: Why the US Share Reads 75.4% in One Count and 36% in Another

The United States accounted for 75.4% of the Bitcoin mining activity surveyed by Cambridge as of June 30, 2024. The same report notes that other sources suggest a considerable but much lower US share of 36%. The two US figures sit 39.4 percentage points apart. Bitcoin mining by country is measured several ways, and the answers can differ widely.

The Cambridge Centre for Alternative Finance (CCAF) built that survey from 49 digital mining firms capturing nearly half (48%) of the Bitcoin network hashrate at the time of data collection. Cambridge’s older network map, the Cambridge Bitcoin Electricity Consumption Index (CBECI), put the US share at 37.8% in January 2022, the last month for which published estimates are available, according to the US Energy Information Administration (EIA). Every country share below carries its method and date, and each one is more than 12 months old.

Key Takeaways

• Cambridge’s survey put the US at 75.4% of surveyed mining activity as of June 30, 2024, 39.4 percentage points above the 36% share other sources suggest.
• Cambridge’s January 2022 map data put the US at 37.84% of global hashrate and China at 21.11%.
• According to Cambridge, China’s reported hashrate effectively plummeted to zero in July and August 2021, then surged back to 30.47 EH/s in September 2021.
• According to Cambridge’s state map, Georgia held 30.76% of US hashrate as of December 31, 2021, ahead of Texas at 11.22%.
• According to MARA’s Form 10-K, its three Texas sites carried 34.4 EH/s of its 66.4 EH/s energized hashrate as of December 31, 2025.
• Cambridge’s map showed persistently high shares for Germany (3.06%) and Ireland (1.97%), where, as far as Cambridge can tell, no meaningful mining activities are known to exist.

Editor’s Choice

• Canada, share of surveyed mining activity: 7.1% as of June 30, 2024.
• Paraguay, share of surveyed mining activity: 3.4% as of June 30, 2024.
• Kazakhstan, share of global hashrate: 13.22% in January 2022.
• Russia, relative hashrate share: 4.66% in January 2022.
• US crypto mining facilities identified by the EIA as of February 2024: 137.
• Deployed hash rate per Riot Platforms’ Form 10-K: 38.5 EH/s as of December 31, 2025.

Bitcoin Mining Share by Country: Latest Survey Data

• Mining activity surveyed is primarily concentrated in North America, with the United States at 75.4% and Canada at 7.1%.
• Cambridge notes that particularly strong engagement from US firms likely has led to the US share being overstated.
• The same report says other sources suggest a considerable but much lower US share of 36%.
• Survey responses are weighted by the reported power consumption of participants, from a sample of 49 firms.
• Surveyed firms have headquarters in 16 jurisdictions and operations spanning 23 different countries.
• Canada ranks second in the survey with 7.1%.
• The survey’s US share sits 39.4 percentage points above the 36% figure other sources suggest.
• Cambridge’s January 2022 map data, a different method, had the US at 37.84% of global hashrate.

Source: Cambridge Centre for Alternative Finance, Cambridge Digital Mining Industry Report (2025)

By the numbers: Cambridge’s survey places 75.4% of surveyed mining activity in the United States and 7.1% in Canada, while other sources suggest a US share of 36%. Set beside the much lower estimate Cambridge itself cites, the survey shows where large responding firms run their machines, a narrower question than where the whole network sits.

By the numbers: Cambridge’s survey places 75.4% of surveyed mining activity in the United States and 7.1% in Canada, while other sources suggest a US share of 36%. Set beside the much lower estimate Cambridge itself cites, the survey shows where large responding firms run their machines, a narrower question than where the whole network sits.

Which country mines the most Bitcoin?

Cambridge calls the United States the pre-eminent hub for Bitcoin mining. Cambridge’s January 2022 map data also had the US at the forefront with 37.84%, and its survey put the US at 75.4% of surveyed activity. The measures disagree on the size of the lead, not on the leader.

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About This Data

Compiled from 11 sources: 6 company filings and releases, 3 University of Cambridge research publications, 1 US government analysis and 1 newspaper report. They were published between May 2022 and October 2026. Only research publications, official data and company filings qualified, plus 1 newspaper account where no primary Ethiopian release was retrievable. Figures are reviewed on a rolling basis and updated when sources publish new editions.

US Share of Global Bitcoin Hashrate Over Time

• The CBECI estimates that the global share of Bitcoin mining occurring in the United States rose from 3.4% in January 2020 to 37.8% in January 2022, the same reading as the 37.84% Cambridge share below, to one decimal place.
• US hashrate rose from 15.74 EH/s in January 2021 to 26.18 EH/s in June 2021, outpacing overall network growth.
• Installed US capacity surged from 42.74 EH/s in August 2021 to 70.97 EH/s in January 2022, a 37.84% share.
• US installed capacity grew 1.66 times between August 2021 and January 2022.
• Cambridge says US hashrate growth outpaced overall network growth even before the Chinese crackdown, from January to June 2021.

What share of Bitcoin hashrate is in the United States?

The United States held 37.84% of global hashrate in Cambridge’s January 2022 map data, the last month for which published estimates are available, according to the EIA. Cambridge’s survey put the US at 75.4% of surveyed activity as of June 30, 2024, and other sources cited by Cambridge suggest 36%.

Recent Developments

• August 6, 2026: MARA Holdings reported energized hashrate up 22% to 70.3 EH/s in Q2 2026, from 57.4 EH/s in Q2 2025.
• August 10, 2026: Riot Platforms reported deployed hash rate capacity of 44.4 EH/s as of June 30, 2026, up 15.3% from 38.5 EH/s as of December 31, 2025.
• October 9, 2026: CleanSpark reported operational hashrate of 50 EH/s for the month ended September 30, 2026, and 5,432 bitcoin produced in calendar year 2026 through September 30.
• October 9, 2026: CleanSpark said it will transition to standard quarterly reporting and discontinue its monthly operational updates.

How Country Hashrate Estimates Are Produced

• Cambridge says its map approach is theoretically vulnerable to deliberate obfuscation by individual miners using virtual private networks (VPN) or other proxy services.
• That behavior shows in the persistently high reported shares of Germany (3.06%) and Ireland (1.97%).
• The survey drew on 49 digital mining firms, 41% publicly listed and 59% privately held, capturing 268 EH/s of network hashrate.
• The EIA has identified a total of 137 US crypto mining facilities, 52 of them with location and capacity data.
• EIA has discontinued the emergency collection of data for Form EIA-862, its Cryptocurrency Mining Operations Survey.

Source: Cambridge Centre for Alternative Finance (2022, 2025), US Energy Information Administration (2024)

Worth noting: The EIA describes January 2022 as the last month for which CBECI published estimates are available. Cambridge itself warned that miners using VPN or proxy services can conceal their location. Any country share dated after early 2022 therefore comes from a survey or an outside estimate, not from a network-wide pool map.

Worth noting: The EIA describes January 2022 as the last month for which CBECI published estimates are available. Cambridge itself warned that miners using VPN or proxy services can conceal their location. Any country share dated after early 2022 therefore comes from a survey or an outside estimate, not from a network-wide pool map.

Bitcoin Hashrate Share by Country After China’s 2021 Ban

• Cambridge’s January 2022 map data put the US at 37.84% of global hashrate, extending its leading position amid the global hashrate recovery.
• China re-emerged as a major mining hub at 21.11% after a sudden uptick in covert mining operations.
• The US and China together held 58.95% of global hashrate in January 2022.
• The new map data spanned the period from September 2021 to January 2022.

China Bitcoin Mining Hashrate After the 2021 Ban

• Following the government ban in June 2021, China’s reported hashrate effectively plummeted to zero during July and August.
• Reported hashrate surged back to 30.47 EH/s in September 2021, placing China second globally with 22.29% of total market installed capacity.
• Cambridge ties China’s re-emergence to covert mining operations that followed the June 2021 government ban on Bitcoin mining.

Source: Cambridge Centre for Alternative Finance (2022)

The swing from zero to second place in a single month shows that pool data records where miners report from. That is why the China figures should be read with caution.

Kazakhstan Bitcoin Mining Hashrate Statistics

• Kazakhstan emerged as a popular destination for miners leaving China, hosting about 18.10% of the network’s total hashrate in August 2021.
• Repeated power outages and a week-long internet shutdown forced miners to temporarily suspend operations.
• After the electricity shortages, the government adopted a stricter stance on mining activities by increasing taxes and cracking down on non-registered Bitcoin miners.
• The country’s market share declined to 13.22% in January 2022.
• Kazakhstan’s total hashrate fell 2.52 EH/s from its October 2021 peak to January 2022.

Source: Cambridge Centre for Alternative Finance (2022)

Russia Bitcoin Mining Share Statistics

• Russia experienced a substantial drop in relative hashrate share between August 2021 and January 2022.
• Its total installed mining capacity contribution declined from 13.56 EH/s to 8.74 EH/s over the same period.
• Russia’s share fell by 58.5% in relative terms between August 2021 and January 2022.
• Kazakhstan, at about 18.10% in August 2021, saw a relative drop of about 27.0% by January 2022.
• Cambridge’s survey put the Russian Federation at 2.26% of surveyed activity as of June 30, 2024.
• Cambridge says operations in regions such as Russia, Africa and parts of the Asia-Pacific may be underrepresented in the survey.

Paraguay, Norway, UAE and Other Mining Hubs

• South America has seen increased activity, led by Paraguay at 3.4% of surveyed activity as of June 30, 2024.
• Cambridge calls South America’s rise, led by Paraguay, a stark contrast to prior CBECI Mining Map data, where the region played a much less significant role.
• European activity remains largely concentrated in the Nordics, led by Norway at 2.8%, while the UAE stands out in the Middle East at 2.2%.
• Bhutan reached 1.35% of surveyed activity, with Argentina at 0.72% and Uruguay at 0.69%.
• Smaller survey entries include Kenya at 0.03% and Zambia at 0.01%.

Ethiopia Bitcoin Mining Statistics

• Ethiopia accounted for 0.12% of surveyed mining activity as of June 30, 2024.
• Cambridge says Ethiopia may already host significantly more mining activity than the survey results indicate.
• Ethiopian Electric Power (EEP), the state-owned utility, has announced intentions for a gradual phase-out of all cryptocurrency mining operations, according to The Reporter Ethiopia.
• Crypto mining outfits began flocking to Ethiopia, attracted by low energy tariffs and a government eager to accommodate foreign investment.
• According to The Reporter Ethiopia, the Ethiopian Energy Outlook 2025 report found that cryptocurrency mining was on track to consume a third of Ethiopia’s total power output in 2025.
• Crypto mining agreements let EEP rake in $220 million in the fiscal year before its August 2025 annual performance review, as a short-term foreign exchange earner, CEO Asheber Balcha said.

Source: Cambridge Centre for Alternative Finance (2025), The Reporter Ethiopia (2025)

Asheber told the annual performance review: “There will be no new contracts in the field of data mining, and we are not interested in continuing with existing ones either.”

Bitcoin Mining by US State

• Georgia held 30.76% of US hashrate as of December 31, 2021, with Texas at 11.22% and Kentucky at 10.93%.
• Those three states together held 52.91% of the country’s overall hashrate.
• Cambridge names low-cost electricity, available hosting capacity and favorable legislation as factors that could explain the influx of miners to those states.
• The EIA’s 52 mapped mining facilities sit in 21 states, with most in Texas, Georgia and New York.

MARA Hashrate by Site and State

• MARA Holdings operated approximately 490,000 mining rigs, including its share of the ADGM Entity, with an energized hashrate of approximately 66.4 EH/s as of December 31, 2025.
• Central Texas carried 21.8 EH/s of energized hashrate from 411 MW of operational capacity.
• MARA’s hosted sites totaled 29.2 EH/s, including Central North Dakota at 16.6 EH/s and West Texas at 10.2 EH/s.
• MARA’s Central, North and West Texas sites together carried 34.4 EH/s of its 66.4 EH/s as of December 31, 2025.
• MARA says owned and operated sites represent approximately 70% of its total operating capacity, and that it operates across four continents and 18 data centers.
• MARA mined 8,799 bitcoin during the year ended December 31, 2025.

Key finding: MARA’s Form 10-K places 51.8% of its 66.4 EH/s energized hashrate at its three Texas sites as of December 31, 2025, while Cambridge’s December 2021 state map had Texas at 11.22% of US hashrate, behind Georgia at 30.76%. One company’s filing cannot stand in for a state map, but it is current where the map is not.

Key finding: MARA’s Form 10-K places 51.8% of its 66.4 EH/s energized hashrate at its three Texas sites as of December 31, 2025, while Cambridge’s December 2021 state map had Texas at 11.22% of US hashrate, behind Georgia at 30.76%. One company’s filing cannot stand in for a state map, but it is current where the map is not.

Riot and CleanSpark Mining Sites by State

• Riot Platforms owns and manages large-scale data center facilities in Texas and Kentucky that provide power and infrastructure for its Bitcoin mining operations.
• Riot’s Rockdale, Texas facility has 700 MW of developed capacity, and its Corsicana facility in Navarro County, Texas has 400 MW, expected to reach approximately one gigawatt on completion.
• Riot mined 5,686 bitcoin in 2025, up 17.8% from the 4,828 bitcoin it mined in 2024.
• CleanSpark has locations in Georgia, Tennessee, Mississippi and Wyoming, with total contracted power capacity of approximately 1,027 MW as of September 30, 2025.
• As of September 30, 2025, CleanSpark said its operating mining units produced average computing power of 45.6 EH/s, reaching a peak of 50 EH/s during the period.

Source: Riot Platforms Form 10-K (2025), CleanSpark Form 10-K (2025)

On October 27, 2025, CleanSpark acquired property in Texas supported by long-term power supply agreements to enable future data-center development. Neither company splits its hashrate by state in these figures, so megawatts and site lists are the closest proxy for where their machines run.

Why do estimates of Bitcoin mining by country differ?

Cambridge’s survey weights responses by the reported power consumption of participants, and Cambridge says US activity may be overstated while Russia, Africa and parts of the Asia-Pacific may be underrepresented. Its pool-based map is theoretically vulnerable to miners who conceal their location using VPN or other proxy services. The EIA lists January 2022 as that map’s last published month.

Is Bitcoin still mined in China?

Cambridge’s January 2022 map data showed China re-emerging as a major mining hub with 21.11% of global hashrate, following a sudden uptick in covert mining operations after the June 2021 ban. Its reported hashrate had already surged back to 30.47 EH/s in September 2021. The EIA lists January 2022 as the last month with published CBECI estimates.

Conclusion

Cambridge’s survey puts the United States at 75.4% of surveyed mining activity, against the 36% that other sources suggest, and its last published network map reading had the US at 37.84%. The leader is not in doubt; the size of the lead depends on the method, which is why every share here carries its date. Readers checking a miner’s filing against a policy headline get the most recent picture from the miner site tables.

CleanSpark will transition to standard quarterly reporting and discontinue its monthly operational updates. Quarterly filings from listed miners will set the pace for the next state-level reading, while a fresh country map would need a new Cambridge survey or a revived pool dataset.