US, Russia, and China Control 65.4% of Bitcoin Mining Hashrate in Third Quarter

Bitcoin mining operations in the United States, Russia, and China collectively held approximately 65.4% of total global hashrate in the third quarter, down slightly from 66.2%. The United States retained the top spot with 335 EH/s, or a 35.6% share, declining from 345 EH/s and 36.7%. Russia expanded its share to 18.1% with 170 EH/s, up from 162 EH/s, while China slipped from 115 EH/s to 110 EH/s, or 11.7%. Total global network hashrate held virtually flat at 941 EH/s, compared to 940 EH/s previously.