Best Place to Mine Bitcoin: Finding the Optimal Location

In addition to trading and investment, mining is one of the most popular key activities of the cryptocurrency sphere. Now, mining is quite widespread, but at the same time, it requires more effort to master and work with it. It also matters where you are geographically when mining, as it can both simplify and complicate the process. In this article, we explore what countries mine the most Bitcoins and how many miners are there for BTC.

Which Country Mined the Most Bitcoin?

Mining is the process where powerful computers solve complex mathematical problems to verify cryptocurrency transactions and add them to the blockchain. Miners participate in this process and are rewarded with new coins for providing the computing power necessary to secure the network.

Bitcoin can be mined in many parts of the world, but choosing the right location is vital. Factors such as affordable electricity, political stability, access to skilled labor, and favorable legal frameworks for crypto are key considerations. Among the leading Bitcoin mining countries there are:

• The United States;

• Canada;

• Russia;

• Kazakhstan;

• Malaysia.

These countries offer competitive electricity prices and have a strong pool of mining experts.

Where Are the Largest Bitcoin Mining Farms Located?

A mining farm is a computer data center or warehouse that houses a set of devices whose power is used to mine digital currency. Nowadays, such devices, combined into massive networks, are rapidly gaining popularity since, with the help of mining farms, it is possible to increase the profit from mining cryptocurrency continuously and exceptionally effectively. If the state owns or controls companies that have mining farms, then Bitcoin mining by country is definitely growing over time.

Here’s a look at some of the largest Bitcoin mining farms as of 2025:

1. Whinstone U.S. Located in Rockdale, Texas, Whinstone is one of the biggest Bitcoin mining operations in North America, covering about 100 acres. With a hashrate of 7.7 EH/s, it takes advantage of Texas' affordable electricity and pro-crypto environment. This facility consumes up to 1,000 MW of power and is owned by Riot Platforms.

2. BitRiver. Located in Bratsk, Russia, it’s the largest Bitcoin mining operator in the country, running 15 active data centers. By leveraging Siberia’s cold climate and abundant hydropower, it keeps cooling costs low while maintaining environmentally friendly operations. While its exact size and hashrate aren’t public, it’s a significant player in the mining world.

3. Genesis Mining. Based in Iceland, Genesis Mining uses the country’s cold climate and geothermal energy to run an eco-friendly mining operation. Known for cloud mining services, it’s one of the leaders in sustainable Bitcoin mining, with a hashrate of over 2 EH/s as of 2021. It’s perfect for those looking to mine without owning the hardware.

4. Linthal Mining Farm. Located in Switzerland, Linthal Mining Farm is powered by hydropower from the Swiss Alps, making it a great example of sustainable mining. While details about its size and hashrate are not disclosed, its location in an energy-efficient region keeps operational costs low and eco-friendliness high.

5. Bitfury. It has multiple facilities worldwide, including in the U.S., Canada, and the Netherlands. It’s known for using advanced cooling technology to improve efficiency and reduce energy use. Though its hashrate isn’t fully disclosed, the company has mined over 600,000 Bitcoins since 2011, making it a major player in the industry.

Where Is the Best Place to Mine Bitcoin?

For everyone interested in mining crypto, one of the hardest things is to find the best place to mine Bitcoin. Criteria for choosing the best place for mining are different and depend on the miner’s preferences. Nevertheless, the quality and cost of electricity, digital technology policies and political stability in the country remain the most essential ones. Due to these aspects, here are the several countries where Bitcoins are mined conveniently and affordably.

• South Africa

Johannesburg, South Africa’s economic center, is becoming an emerging hub for cryptocurrency mining. Notably, some of the world’s most profitable mines, such as those using solar energy, are based in South Africa. With plenty of sunlight, off-the-grid operations are thriving, and it offers a unique example of mining with sustainable energy.

• El Salvador

El Salvador has embraced Bitcoin wholeheartedly, making it one of the first countries to recognize it as a legitimate financial asset. President Bukele has been proactive in promoting cryptocurrency mining, using the nation’s natural energy resources. Since 2021, El Salvador has mined 474 Bitcoins, valued at $46 million. The country’s geothermal energy, harnessed from its volcanoes, provides a unique and renewable energy source for mining, helping El Salvador emerge as one of the top mining countries.

• Kazakhstan

Kazakhstan has rapidly become a major player in the Bitcoin mining world, now accounting for 6.17% of global cryptocurrency mining. The government has actively encouraged mining operations, offering incentives like lower energy prices and tax breaks. Kazakhstan benefits from abundant energy resources, making it a mining-friendly location. The government sees Bitcoin mining as a way to create jobs, generate tax revenue, and diversify its economy, which has traditionally been dependent on oil.

• Iceland

Despite sometimes rough weather conditions, this is one of the best places to mine Bitcoin. Mining equipment plays a significant role and due to the time-consuming process, it can often overheat. So Iceland is an ideal mining location due to low temperatures, which reduces the cost of cooling equipment.

Additionally, Iceland literally has an overabundance of electricity due to high production rates and minimal population, so there is the availability of cheap geothermal energy, which the country is actively developing.

• Estonia

Estonia is also a good place from where Bitcoin is mined. The country is also actively legalizing cryptocurrency, and investors are willing to invest in internal blockchain-related projects.

We hope this article helped you to find the answer about the best places for Bitcoin mining and now you know more about the process. Check more articles and handy guides in the Cryptomus blog and be in touch with the cryptocurrency sphere!