Currently, the United States commands a substantial portion of the global hashrate, accounting for 40%, while China and Russia are also key players, contributing 15% and 20%, respectively. However, the industry is gradually shifting towards a more globally dispersed model, driven by the perpetual quest for cost efficiencies, especially cheaper electricity.

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• Source: https://www.coindesk.com/consensus-magazine/2024/04/08/6-ways-the-halving-will-impact-bitcoin-mining/?utm_medium=referral&utm_source=rss&utm_campaign=headlines