April 21, 2025
Blockchain

Most Cryptocurrency Mining Countries Announced: What About Turkey?

  • May 18, 2022
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While the relationship between cryptocurrency mining and environmental pollution continues to be discussed, mining activities around the world continue unabated. China, long the world leader in this field,

Most Cryptocurrency Mining Countries Announced: What About Turkey?

While the relationship between cryptocurrency mining and environmental pollution continues to be discussed, mining activities around the world continue unabated. China, long the world leader in this field, started mining after the bans. Although a prolonged blow was expected This battle seems to have failed.

So, in which countries in the world is cryptocurrency mining most commonly done? Here is the answer to this question, Cambridge Center for Alternative Finance (CCAF) with his new research. While the research revealed the countries with the largest share of cryptocurrency mining, it also revealed some interesting data.

Countries where cryptocurrency mining is most commonly done:

cryptocurrency mining

The interactive map created with the data obtained showed the ratio of the countries of the world in cryptocurrency mining. for the period from January 2022 According to published data, cryptocurrency mining is prohibited. China still ranks second in the world in this regard. Although this situation was illegally linked to mining activities, the world ranking was formed as follows:

  • US: 37.84%
  • China: 21.11%
  • Kazakhstan: 13.22%
  • Canada: 6.48%
  • Russia: 4.66%
  • Germany: 3.06%
  • Malaysia: 2.51%
  • Ireland: 1.97%

China remained the number one cryptocurrency mining country in the world until January 2021. So in September 2019 75.5% of cryptocurrency mining was done through China† After the bans in China, the share of cryptocurrency mining in the US has risen from 20% to 35.1%.

What is the situation in Turkey?

Turkey

According to the shared data, Turkey is the only cryptocurrency mining industry in the world. It has a share of 0.04%.

Source: Web Tekno

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