Recent changes in the distribution of power among Bitcoin mining countries show that Russia and China are strengthening their positions while the U.S. is losing influence.
The Silent Comeback: China and Russia Tighten the Bolts
In recent months, there has been a shift in the global Bitcoin hashrate distribution. The **United States** has dropped to **35.81%** of the total hashrate, marking a decrease of 0.60%. Meanwhile, **Russia** has increased its share to **16.61%** with a rise of 6.12%, and **China** remains stable at **13.84%**.
> "Russia is rapidly rising without fanfare. Its hashrate jumps while the spotlight remains focused on America," notes a report from Bitcoin.com.
Energy Geopolitics in Bitcoin Mining
Bitcoin mining is not just about computational power; it is also about **energy geopolitics**. Russia exploits its natural resources, including hydropower, gas, and coal, to power its crypto farms. **China**, too, leverages its hydropower, particularly during rainy seasons, in provinces like Sichuan.
Meanwhile, the **United States** is grappling with fluctuating energy costs and shifting regulations, which affect its positions in the crypto industry.
Regulatory Changes in Russian Crypto Mining
Russia is not only mining but also regulating it. Beginning in early 2025, the country has implemented a mandatory registry for crypto mining equipment, accompanied by strict taxation policies. Authorities aim to monitor all aspects of energy consumption and income from mining.
This registry will track crypto mining operations through their energy footprint, and a total mining ban has been introduced in six regions until 2031 to maintain energy stability.
Russia is solidifying its position in the world of crypto mining, and China is also showing growth. This shift may impact the global influence landscape in the Bitcoin industry.
