Editor's Note: This article comes fromCaijingOnchain Finance (ID: CaijingOnchain), Author: Chen Yi, reproduced by Odaily with authorization.

Editor's Note: This article comes from

CaijingOnchain Finance (ID: CaijingOnchain)

, Author: Chen Yi, reproduced by Odaily with authorization.

On May 6, local time, Cambridge University’s Center for Emerging Finance (CCAF) released a Bitcoin mining map, which shows the current global hash rate distribution of Bitcoin mining.

The main data of this bitcoin mining map comes from ViaBTC, Poolin and BTC.com.

image description

Drawing: Chain Finance

Taking the latest April 2020 data as an example, China accounted for 65.08%, almost nine times that of the United States. The United States came in second with 7.24%, followed by Russia at 6.90%, Kazakhstan at 6.17%, Malaysia at 4.33%, and Iran at 3.82%.

However, it is worth noting that in the past 8 months, although the hash rate in China has an absolute advantage, it is declining as a whole. In August 2008, it has dropped by 10.54%.

Drawing: Chain Finance

In China, the main hash rates are distributed in Sichuan, Xinjiang, Inner Mongolia, Yunnan, Gansu, and Beijing.

Before November, because Sichuan was in the wet season and the water and electricity were discounted, the hash rate in Sichuan was the highest at this time.

It is reported that at the end of April this year, the People's Government of Ya'an City, Sichuan Province officially issued the "Implementation Opinions on Building a Hydropower Consumption Demonstration Zone to Support the Development of the Blockchain Industry" (hereinafter referred to as "Opinions"). Based on the advantages of the city's hydropower resources, seize the major strategic opportunities for the development of the blockchain industry, promote the healthy and orderly development of blockchain technology and industries, promote the high-quality consumption of hydropower resources, and cultivate new growth points for the city's economic development.