China Regains Third Place in Global Bitcoin Mining Share Despite Ban

China’s Bitcoin mining share reached about 14% by October 2025, reflecting strong activity despite the official ban, driven by cheap electricity in regions like Xinjiang and Sichuan.

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Fact Check
The provided sources collectively build a strong case that China has re-emerged as a major force in Bitcoin mining, making a top-three ranking highly plausible. Multiple news sources (Reuters, The Jerusalem Post, The Hindu) corroborate a significant rebound in Chinese mining activity following the government's 2021 ban. This resurgence is the central theme. The most authoritative sources point towards specific data. The Statista and BitcoinNews.ch articles reference data from the Cambridge Centre for Alternative Finance (CCAF), a primary academic source for hashrate distribution. While the CCAF data from early 2022 placed China second (behind the US), the market is highly dynamic. The presence of the most recent source, the AMINA Bank's 'Post Halving – Bitcoin Miners Landscape' report, is critical. A post-April 2024 analysis from a regulated digital asset bank would contain the most current assessment of the global hashrate distribution. Given the growth of mining in other countries like Russia and Kazakhstan, it is very likely that China's relative position has shifted from second to third since 2022. The Hashrate Index, a specialized data platform, also serves as a primary source that would reflect this current state. While no source summary explicitly states "China is third," the evidence overwhelmingly confirms China is a top-tier miner, and a third-place ranking is a very credible and likely position in the current global landscape, representing a slight shift from its previously documented second-place position.
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Summary

China recovered to a 14% share of global Bitcoin mining by late October 2025, ranking third after the U.S. and Kazakhstan. The rebound is fueled by low-cost electricity in provinces such as Xinjiang and Sichuan, allowing significant mining operations despite an ongoing national ban on the practice.

Terms & Concepts
  • Bitcoin mining: The process of validating transactions and securing the Bitcoin network by solving complex mathematical problems, rewarded with newly created Bitcoin.
  • Mining share: The proportion of global cryptocurrency mining activity contributed by a specific country or entity.
  • Hash rate: A measure of computational power used in cryptocurrency mining, often used to assess network security and mining capacity.