6h ago
China Accounts for 14% of Global Bitcoin Mining After 2021 Ban
Bitcoin mining operations in China have recovered to approximately 14% of the global hashrate by October 2025, positioning the country as the third-largest mining hub behind the United States and Kazakhstan. The resurgence follows a nationwide cryptocurrency mining ban implemented in September 2021, when Chinese miners controlled roughly 65% of global Bitcoin computing power in 2020. CryptoQuant estimates the actual share may range between 15% and 20% of global capacity.