The world's top Bitcoin mining pools mainly come from China, with five pools being responsible for more than half of the cryptocurrency's total hash. Hashing refers to the amount of processing power that PCs use to build the blockchain: the more blocks of verified transactions that are processed or "hashed", the more Bitcoin - the reward for this verification process - is being mined. Simply put, the higher the hashrate - or the hash power of the overall network - the more secure it is. In 2020, China was responsible for mining more than half of all the Bitcoins in the world.
Distribution of Bitcoin's network hashrate in the last 24 hours on April 29, 2024
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Website (BTC.com). (April 29, 2024). Distribution of Bitcoin's network hashrate in the last 24 hours on April 29, 2024 [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/731416/market-share-of-mining-pools/
Website (BTC.com). "Distribution of Bitcoin's network hashrate in the last 24 hours on April 29, 2024." Chart. April 29, 2024. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/731416/market-share-of-mining-pools/
Website (BTC.com). (2024). Distribution of Bitcoin's network hashrate in the last 24 hours on April 29, 2024. Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/731416/market-share-of-mining-pools/
Website (BTC.com). "Distribution of Bitcoin's Network Hashrate in The Last 24 Hours on April 29, 2024." Statista, Statista Inc., 29 Apr 2024, https://www.statista.com/statistics/731416/market-share-of-mining-pools/
Website (BTC.com), Distribution of Bitcoin's network hashrate in the last 24 hours on April 29, 2024 Statista, https://www.statista.com/statistics/731416/market-share-of-mining-pools/ (last visited October 14, 2024)
Distribution of Bitcoin's network hashrate in the last 24 hours on April 29, 2024 [Graph], Website (BTC.com), April 29, 2024. [Online]. Available: https://www.statista.com/statistics/731416/market-share-of-mining-pools/