The Cambridge University’s Centre for Alternative Finance (CCAF) has launched a Bitcoin Mining Map which provides the average monthly hash rate generated by each country worldwide.
China is representing 65 percent of the hash power
Unsurprisingly, the map shows China’s vast majority of hash strength — with 65.08 percent of the global total.
That’s almost nine times higher than the U.S. in the second position with 7.24%, led by Russia with 6.90%, Kazakhstan with 6.17%, Malaysia with 4.33%, and Iran with 3.82%.
Combined the rest of the world comprises 6.5 percent of the hashing capacity, with each remaining nation accounting for less than 1 percent.
The CCAF also stores historical data which allows users to see how the distribution of hash power has changed over time. Users may also pick several months to display a longer span of the average hash power.
In Xinjiang, one-third of world hash rate
The website hosts two maps that investigate the distribution of global and Chinese hash rate, respectively.
Over half of China’s hash power lies in the Xinjiang region, comprising 35.76 percent of the global total.
The province of Sichuan has the second-highest mining power concentration in China with 9.66%. Followed by Inner Mongolia with 8.07%, Yunnan with 5.42%, and Beijing with 1.73%.
With the Bitcoin halving expected to occur in less than a week. Over the last few days, global hash power has moved through new all-time highs.