US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain

U.S. Mining Dominance Slips arsenic Russia and China Grab Bigger Slices

Bitcoin’s full hashrate was a batch higher astatine the commencement of 2026, and the information shows that each of the countries saw hashpower losses betwixt Q1 and Q3. It’s a hairsbreadth implicit 8 weeks into Q3, with 5 weeks near of the quarter, and portion the U.S. mislaid a humble share, it is inactive the astir ascendant state successful presumption of bitcoin mining.

The U.S. started the twelvemonth disconnected with 37.523% of the network’s total, and today, it is down 0.823% to the existent 36.7%, according to hashrateindex.com hashrate heatmap stats. Russia, which commands the 2nd largest stock of the planetary hashrate, started the twelvemonth disconnected with 16.417% of the network. As of today, Russia’s involvement successful Bitcoin’s computational powerfulness stands astatine 17.2%.

Image source: hashrateindex.com connected Aug. 27, 2026.

Still, the Russian Federation had 175 EH/s successful Q1, and presently the state holds astir 162 EH/s, a nonaccomplishment of astir 13 EH/s implicit the past 238 days. Another mining titan, China, saw an accrued stock of Bitcoin’s planetary hashrate from 11.276% to 12.2%. China besides went from 125 EH/s to 115 EH/s, logging an wide loss.

Bitcoin hashrate implicit a two-year spread. Image source: mempool.space connected Aug. 27, 2026. 1,000 EH/s equates to 1 zettahash per 2nd (ZH/s) of hashpower.

Basically, the hashrate was higher crossed the committee astatine the commencement of 2026 and good supra the 1,000 EH/s mark. Today, arsenic of Aug. 27, 2026, Bitcoin’s full computational powerfulness stands astatine 892.35 EH/s. Canada saw a humble driblet successful wide hashrate erstwhile it started astatine 2.627% successful Q1 and 2.6% currently. The state mislaid astir 4 EH/s during the past 7.82 months of the year.

Paraguay Bucks the Trend arsenic Other Mining Hubs Lose Ground

A bigger contender than Canada, Paraguay, saw a emergence successful its planetary share, jumping from 4.034% to 4.7%. Paraguay managed to really summation 1 EH/s of full hashrate since the commencement of the year. Other planetary leaders saw drops successful some hashrate and their stock of the planetary pie. Kazakhstan, for instance, slid from 2.064% of the planetary stock to 1.6% and Oman went from 3.002% to 2.8%. In Q1, Ethiopia was down 2.58% of Bitcoin’s computational power, but today, it’s down to 2.4%.

Other countries encompassed successful the heatmap premix see Mexico with 0.4% oregon 3.5 EH/s, Australia produces astir 0.3% oregon 3 EH/s, Norway has 1.7% oregon 16 EH/s, and Indonesia has astir 1.8% oregon 17 EH/s. The United Arab Emirates (UAE) commands 3% oregon 28 EH/s, Georgia has 1.2% oregon 11 EH/s, Iran has 0.2% oregon 2 EH/s, Pakistan stands with 0.3% oregon 2.5 EH/s, and Japan has 0.05% oregon 0.5 EH/s of the planetary hashrate share.

Rising Hashprice Could Further Reshuffle Bitcoin Mining’s Global Map

While modest, the information shows that Bitcoin’s hashrate has seen a planetary displacement implicit the past 238 days, and this could precise good continue. Right now, hashprice oregon the gross miners marque connected a regular basis, has grown a large woody larger. This could pull each kinds of caller entrants into the mining industry from each astir the world. The spot worth of a azygous petahash per 2nd (PH/s) 30 days agone stood astatine $31.66, and it has since accrued by 27.42% to the existent $40.34.