The fact that China still accounts for 15% of the global Bitcoin mining hashrate, despite the country's official ban on BTC, can be explained by a number of factors. China was previously a major player in the mining industry due to its available resources, low energy costs and developed infrastructure. Even after the ban on the use of BTC, some miners in China continue to operate using various methods to circumvent the restrictions.
The absolute record holder for the share of Bitcoin mining hashrate is the USA (40%), which may be due to developed infrastructure, high level of technology and available resources. Accordingly, the United States is one of the leading countries in the field of cryptocurrency mining.
Russia, with a hashrate share of 12%, also holds a significant share in the global Bitcoin mining market. This may be due to the availability of available resources, technological development and interest in cryptocurrencies in the country.
This distribution of hashrate between countries reflects the global nature of cryptocurrency mining and the importance of various factors, such as access to energy resources, technological development.#Write2Earn