Bitcoin mining sector expands as ASIC count surged 7% in 2024: report

By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners. Bitcoin (BTC) mining sector in Russia grew in 2024 as the number of mining farms rose 7% to…

Feb 21, 2025 - 10:00
Bitcoin mining sector expands as ASIC count surged 7% in 2024: report
By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners. Bitcoin (BTC) mining sector in Russia grew in 2024 as the number of mining farms rose 7% to…

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