📍My Binance community below you have the Top 10 countries that dominate mining of #Bitcoin $en (2025):
1. United States (37.84%): attractive regulatory framework, renewable energy, high consumption, and noise pollution.
2. China (21.11%): illegal mining (Sichuan, Yunnan) on hydropower despite the ban.
3. Kazakhstan (13.22%): low-cost electricity (coal), network tensions, and regulatory uncertainties.
4. Canada (6.48%): hydropower and cold climate for sustainable mining, institutional appeal.
5. Russia (4.66%): Siberian energy surplus, ambitions to become the 2nd global hub despite sanctions.
6. Germany (3.06%): potentially biased data (VPN), strong renewable orientation but few physical installations.
7. Malaysia (2.51%): competitive energy costs and skilled workforce, rapid growth.
8. Ireland (1.97%): possible overvaluation via redirected IPs, no large farms identified.
9. Thailand (0.96%): emergence in Southeast Asia, favorable regulatory framework and moderate costs.
10. Sweden (0.84%): hydropower, wind energy, and cold climate for eco-efficient mining.