The United States ranks first globally with a 37.4% share of the total computing power worldwide.

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Golden Finance reports that, according to Bitcoin News, the United States leads the world in global hashrate with a 37.4% market share (about 375 EH/s). Russia ranks second with a 16.9% market share. China follows closely, with a market share of 12%. After Kyrgyzstan’s parliament approved transparent mining regulations in mid-2025, it saw a year-over-year increase of 300% and a month-over-month increase of 167%. Paraguay’s hashrate grew 54% year over year, reaching 4.3% globally. Laos and Finland respectively benefited from cheap hydropower and favorable climate conditions, achieving 100% year-over-year growth.

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