Russia Jumps to Second in World in Bitcoin Mining Power Use with 1 GW, Behind U.S.

In the first quarter of this year, Russia jumped to second place in the world in terms of bitcoin mining power consumption for the first time, reaching 1 GW, behind the United States at 3-4 GW, according to RusBusinessNews. 125 MW), Kazakhstan (100 MW), and Ireland (90 MW).

Previously 65% of the total bitcoin hash rate in 2020 was in China, with the US and Russia at only 7.2% and 6.9% respectively.