US Russia and China Control 65.4% of Bitcoin Mining Power in Q3 2026

In the third quarter of 2026, the United States, Russia, and China collectively dominated Bitcoin mining, accounting for an estimated 65.4% of the global hashrate. The U.S. led the trio with 335 exahashes per second (EH/s), capturing 35.6% of the total mining power. Russia followed with 170 EH/s (18.1%), while China contributed 110 EH/s (11.7%).

Compared to the previous quarter, the U.S. saw a slight decline in its hashrate, dropping from 345 EH/s (36.7%) to 335 EH/s (35.6%). Meanwhile, Russia's hashrate increased from 162 EH/s (17.2%) to 170 EH/s (18.1%), and China's fell marginally from 115 EH/s (12.2%) to 110 EH/s (11.7%). Despite these shifts, the combined share of these three countries decreased slightly from 66.2% to 65.4%.

The global network hashrate remained nearly flat, averaging about 941 EH/s in Q3 2026, up slightly from 940 EH/s in the previous period. Hashrate measures the computing power dedicated to Bitcoin mining. The estimates, published on October 5, track mining activity by country but do not identify equipment owners or reveal control over mining pools or transaction selection.

The figures do not include an uncertainty range, so the observed changes in combined share may not be statistically significant. The data provides a snapshot of the geopolitical distribution of Bitcoin mining power but leaves key details about ownership and control unanswered.