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source: VanEck ... but I couldn't find the source of the source.

'Argentina, Ethiopia and the United Arab Emirates — are leveraging state-owned resources to mine Bitcoin.'

'In mid-October, during the BRICS Business Forum in Moscow, the Russian Direct Investment Fund (RDIF) partnered with domestic data center operator BitRiver to construct Bitcoin mining and AI computing facilities for BRICS nations.'

https://www.themoscowtimes.com/2024/11/08/russia-to-mine-bitcoin-in-brics-countries-a86952

El Salvador, Bhutan, Russia, Argentina, Ethiopia, UAE=6

https://www.datacenterdynamics.com/en/news/ukraine-plans-huge-cryptocurrency-mining-data-centers-next-nuclear-power-plants/

Plus probably Ukraine =7

Plus Oman (see below) =8

https://bitcoinist.com/6th-country-joins-elite-bitcoin-mining-circle/

'Following El Salvador, the Kingdom of Bhutan, Russia, the United Arab Emirates, and Oman have also officially ventured into official BTC mining'

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Grok suggests China:
El Salvador, Bhutan, Argentina, UAE (United Arab Emirates), Ethiopia, Russia, Oman, China "although its official stance is against mining, there are reports of covert operations"

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Ukrainian parliament big brains decided in 2021 "Bitcoin is to complicated" to balance power grid.
At the moment we don't have enough electricity for daily use. That's why I'm not sure Ukraine is in this list

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But from the news I read it seems Ukraine will soon legalize Bitcoin in 2025

Ref link: https://crypto.news/ukraine-to-legalize-crypto-in-early-2025-with-no-tax-exemptions-planned/

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They posted it yearly and declined it yearly.
However after Trump resolution about Bitcoin and crypto, especially after his winning the election our country maybe legalize Bitcoin too

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Yes that sounds right - Russians have hit a lot of generation.
Hoping Ukraine can have peace soon and return to a more productive situation.

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Thanks for supporting
We all are waiting for the peace

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48 sats \ 1 reply \ @OT 1 Jan 2025

Who are they? I have only heard of El Salvador and Bhutan mining.

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I looked. I couldn’t find it.

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From a newcomers perspective, its been crazy to watch what's been happening even over the past 6 months.

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I did not expect this hockey stick. Excellent share!

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With this growth rate, we're gonna see at least 70 countries mining Bitcoin in the next 10 years.

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Slowly but surely going up

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Which countries are that?

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I looked. I couldn’t find it.

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deleted by author

Paraguay could be one too.

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excellent and let's go for more in this 2025, so it must be, that it increases considerably, BTC must rise as that digital treasure that must be mined. Thanks for sharing.

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