Bitcoin Mining Power Shift: How China & Russia Are Dominating the Market in 2025

The tectonic plates of Bitcoin mining are shifting—and the West isn't leading the charge.

Geopolitical hash rate grab

While regulators elsewhere chase compliance paperwork, China and Russia are quietly gobbling up mining market share. Old industrial zones now hum with ASICs instead of assembly lines.

Energy arbitrage wins again

Cheap power, lax oversight, and strategic crypto adoption create the perfect storm. Who needs innovation when you've got stranded hydro and political cover?

The new mining elite

Forget Silicon Valley VC money—the real players are leveraging Soviet-era infrastructure and yuan-denominated contracts. Decentralization was the dream, but state-adjacent mining might be the 2025 reality.

Meanwhile, Wall Street still can't decide if Bitcoin's a commodity, security, or scam. Some things never change.

In Brief

• Russia jumps to 16.61% of the global hashrate with a discreet but spectacular rise.
• China maintains 125 EH/s thanks to its local hydroelectric power and resilient infrastructure.
• The United States falls back to 35.81%, impacted by energy costs and fluctuating regulations.
• Moscow launches a mandatory registry to monitor, tax, and control crypto mining on its soil.

The Silent Comeback: China and Russia Tighten the Bolts

In the, a surprise is quietly emerging. The, undisputed leaders until now,. A decrease of 0.60%. In itself, nothing alarming. But behind, others are soaring.

records, or 150 EH/s. It rises to. It’s more than a simple adjustment: it’s a strategy. As for, it shows a slight but steady recovery, from, reaching 125 EH/s. A stability that commands respect, especially after past restrictions.

According to the Bitcoin.com report, “Russia is rapidly rising without fanfare. Its hashrate jumps while the spotlight remains focused on America.”

And the numbers don’t lie. Behind this evolution: fewer political statements, but farms running, often out of sight.

Cheap Energy, Cold Climate: Bitcoin’s Electric Diplomacy

Bitcoin mining is not just about computation, it’s about. Russia relies on its natural resources. Hydroelectricity, gas, coal: everything is good to power crypto mining farms.

Russia’s mining strength rests on its vast remote regions. They offer access to. And China? Still discreet, it takes advantage of rainy seasons in provinces like Sichuan.is abundant there, and the grid is flexible enough to handle consumption peaks.

Meanwhile, the United States has to juggle with variable energy costs and changing legislation. This is what makes Russia’s and China’s strength:with little external dependency.

Within this logic, electricity becomes a diplomatic weapon. Farms are powered… and influence is exerted on the bitcoin consensus.

Crypto Mining Under Surveillance: The Russian Regulatory Shift

Russia is not just mining. It supervises, monitors, and regulates. Since early 2025, the country has launched a national registry for crypto mining equipment, coupled with a strict taxation policy. Authorities, through.

The registry aims to track crypto mining operations through their energy footprint, notes a recent analysis on the crackdown of actors in this sector.

And that’s not all:. The goal? To preserve energy stability. The law also allows asset seizures and fines up to 2 million rubles for offenders.

• Russia now accounts for 16.61% of the hashrate, up from 15.652% two months earlier;
• China, despite restrictions, shows 125 EH/s, or 13.84% of the global total;
• The United States falls back to 35.81%, a slight decline that questions their leadership;
• Russia has a national registry to monitor and tax legal crypto mining.

While Russia locks down its mining sector, France may soon step in. In Normandy, a bitcoin mining farm project is underway. No ban on the horizon, but time will tell if the Hexagon wants to turn its dams and power plants into block factories.

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