{"id":8882,"date":"2022-02-21T23:47:00","date_gmt":"2022-02-21T20:47:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=8882"},"modified":"2024-02-19T21:50:55","modified_gmt":"2024-02-19T18:50:55","slug":"where-are-bitcoin-miners-2022","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/zh\/2022\/02\/21\/where-are-bitcoin-miners-2022\/","title":{"rendered":"2022\u5e74\u7684Bitcoin\u77ff\u673a\u5728\u54ea\u91cc\uff1f"},"content":{"rendered":"

The last years haven\u2019t been stable for most Bitcoin miners worldwide. Since its beginning, Bitcoin (BTC) found an epicenter in China, and the miners weren\u2019t an exception to this. However, the government in the Asiatic giant didn\u2019t let the cryptocurrencies thrive on their territory. They made everything possible to exile these decentralized assets from their country.<\/p>\n\n\n\n

For 2020, according to the Bitcoin\u91c7\u77ff\u5730\u56fe<\/a> by Cambridge, China accounted for 65% of the total BTC hashrate (mining power). That was probably because of the large amount of energy (necessary for \u52a0\u5bc6\u6316\u77ff<\/a>) available at low prices. Likewise, the Internet speed is over 172 MB\/s, and the miners could enjoy cold winters for cooling down the machines. The regulations were never crypto-friendly, though.<\/p>\n\n\n\n

\"Bitcoin-miners-China-map\"
China hashrate peak. Source: CBECI<\/figcaption><\/figure><\/div>\n\n\n\n

\u7ecf\u8fc7 September 2021<\/a>, China finally decided to fully ban cryptocurrencies and all their related activities <\/strong>\u2014including, of course, Bitcoin mining. A massive exodus of miners followed. They chose several countries as a destiny<\/a>, some of them very close to China, and some others far away.<\/p>\n\n\n\n

According to the same Bitcoin Mining Map, by July 2021, five countries shared the main portion of Bitcoin hashrate: Russia, United States, Malaysia, Iran, and Kazakhstan. So, are the Bitcoin miners still there in 2022?<\/p>\n\n\n\n

Bitcoin miners in Asia and Russia \u2014for now<\/strong><\/h2>\n\n\n\n

Russia and Kazakhstan are very close to China, and both of them have favorable conditions for miners (i.e., great energy production, good Internet connection, and cold weather). The logical result is that they\u2019re now Bitcoin mining epicenters, but not everything\u2019s fine about it. None of these countries have shown a friendly attitude towards cryptocurrencies, despite they don\u2019t really have a ban over them.<\/p>\n\n\n\n

It’s something that\u2019s been considered<\/a> by Russia, though. Luckily, the idea didn\u2019t crystalize, and now there\u2019s a crypto-related bill<\/a> waiting for approval. To summarize: crypto payments are banned, but the citizens can still buy, hold, and sell cryptos as an investment tool after being properly identified by a national bank. The Bitcoin mining isn\u2019t specified, but higher taxes are expected.<\/strong> At least, a full ban seems out of the table now.<\/p>\n\n\n\n

\"Bitcoin-miners-Russia-regulation\"<\/figure><\/div>\n\n\n\n

The circumstances aren\u2019t that hopeful in Kazakhstan and Iran. Bitcoin started 2022<\/a> with a crash in its hashrate, and that was mainly because of the first country. The political turmoil there caused the government to cut off power and the Internet, necessary for the miners to work. By the end of January, Kazakhstan declared an energy crisis and temporarily cut off power<\/a> for crypto miners.<\/p>\n\n\n\n

The worst part is that leaving is a difficult option as well, as declared<\/a> Alex Brammer, from the mining company Luxor Tech. Other countries, like Russia, Canada, or United States have a shortage of adequate facilities for more miners at this point. So, they\u2019re \u201cstuck\u201d for now. Probably, it\u2019s the same for the Iran miners.<\/p>\n\n\n\n

Iran and Malaysia<\/strong><\/h2>\n\n\n\n

Despite providing<\/a> over 1,000 official licenses to Bitcoin miners, Iran banned<\/a> this same activity twice in 2021. Also alleging an energy crisis during winter, Bitcoin mining is now banned in the nation until March 2022.<\/strong> Additionally, they\u2019re preparing new laws for crypto, intending to properly regulate it<\/a> \u201cas soon as possible\u201d. In the best of cases, this country has proved very unstable for crypto mining.<\/p>\n\n\n\n

For its part, the government in Malaysia has become an expert in seizing non-authorized mining farms nationwide. According to Bukit Aman Criminal Investigation Department (CID), over $13 million worth of crypto and mining machines were seized<\/a> in this country during 2021. They even used a steamroller to destroy 1,069 bitcoin mining rigs.<\/p>\n\n\n\n

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