A large portion of blocks are grouped into the. It should only be used as a rough estimate and for various reasons will not be 100 accurate. The graph above shows the market share of the most popular bitcoin mining pools.
24 hours 48 hours 4 days. Hashrate distribution an estimation of hashrate distribution amongst the largest mining pools. And second the data is provided by three bitcoin mining pools that are all headquartered in china.
First it represents only a little more than a third of the total hashrate. This sample may not be fully representative for the following two reasons. The bitcoin mining map is based on an extrapolation of a sample of mining pool data.
Although bitcoin s exact hashing power is unknown it is possible to estimate it from the number of blocks being mined and the current block difficulty. The more hashing computing power in the network the greater its security and its overall resistance to attack. Mining hashrate is a key security metric.
Bitcoin mining is a foundational component of the network and bitcoin as an asset. If all the hashrate in operation on may 17 was newer s17 class equipment they would consume 3 9gw of power. Btc hashrate by pools the chinese mining pools get the lion s share in btc mining hashrate.
Bitcoin hashrate distribution overall by country since the vast majority of bitcoin mining is done via mining pools the hashrate distribution is the following. A new bitcoin mining map produced by the university of cambridge shows that china accounts for 65 of the world s hash power. China dominates not surprisingly the map reveals that the vast majority of bitcoin s hashing power is in china.
The cambridge center for alternative finance ccaf a research institute of the university of cambridge business school in the united kingdom launched an interactive map showing the distribution of hashrate average monthly bitcoin btc by country.
Bitcoin hashrate by country. The bitcoin mining map visualises the approximate geographic distribution of global bitcoin hashrate. The average hashrate share by country is available for display in monthly intervals starting from september 2019. In addition a second map with an exclusive focus on china s hashrate distribution by province is provided. Bitcoin hashrate all time high bitcoin hashrate on jul 25 2020 at block 640 727 171 73 eh s how to calculate bitcoin hashrate.
The bitcoin hashrate is calculated using the current bitcoin difficulty the defined bitcoin block time and the average block time of the last x number of blocks. Most full bitcoin nodes will have an option to see the current bitcoin global hashrate using the. 65 of global bitcoin hashrate concentrated in china a new bitcoin mining map by the university of cambridge shows that china accounts for 65 of the world s hash power. About half of the country s hash rate is produced in just one place the autonomous xinjiang region which makes up 35 76 of the global total.
About half of the country s hash rate is produced in just one place the autonomous xinjiang region which makes up 35 76 of the global total. 65 of global bitcoin hashrate concentrated in china a new bitcoin mining map by the university of cambridge shows that china accounts for 65 of the world s hash power. Most full bitcoin nodes will have an option to see the current bitcoin global hashrate using the.
The bitcoin hashrate is calculated using the current bitcoin difficulty the defined bitcoin block time and the average block time of the last x number of blocks. Bitcoin hashrate all time high bitcoin hashrate on jul 25 2020 at block 640 727 171 73 eh s how to calculate bitcoin hashrate. In addition a second map with an exclusive focus on china s hashrate distribution by province is provided.
The average hashrate share by country is available for display in monthly intervals starting from september 2019. The bitcoin mining map visualises the approximate geographic distribution of global bitcoin hashrate.
