• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Trump Linked Firm Trims Stake in Major Crypto Venture, Big Sell-Off Ahead?
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Trump Linked Firm Trims Stake in Major Crypto Venture, Big Sell-Off Ahead?
Bitcoin

Over A Quarter Of The World’s Bitcoin Nodes Are Controlled By These 5 Countries

Christian Encila
by Christian Encila
2 years ago
·
Posted in Bitcoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin, still the cryptocurrency to beat in terms of market cap, has made a lot of progress towards its quest for mass adoption.

Earning the status as a legal tender in El Salvador is the biggest one yet for the asset that is dubbed as “digital gold” and the “future of money.”

As the maiden crypto and its developers continue their work to convince more people and institution to invest on and use the asset, it’s fitting to take a short pause and learn a thing or two about it, other than its price and market cap.

As peer to peer (P2) network plays a vital role in its mining, investors, especially new ones, might want to know which countries have the most Bitcoin nodes that are still open for connections.

Related Reading: Why Pro Crypto Investors Are Undeterred By SEC’s Antagonism

U.S. Hosts The Most Accessible BTC Nodes

According to data shared by analytics firm Bitnodes, 30% of all reachable nodes in the world are located in five countries.

These are the United States, Germany, France, the Netherlands, and Canada.

U.S. houses 1,844 nodes (13.2%) while Germany comes next with its 1,362 (9.8%) tally. Rounding up the list is France with 434 (3.1%), Netherlands with 374 (2.7%) and Canada with 297 (2.1%).

A Bitcoin node is any computer that stores the entire blockchain and runs BTC implementation, validating each block and transaction before they are added to the network.

Blockchain

Image: InvestNews

These are important as they serve as “referees” inside the system, enforcing “rules” to decide which transactions are valid or invalid.

There are two types of nodes – unreachable and reachable. Those that can be connected directly or are not yet full in terms of allowed connections are classified as reachable.

These nodes consist what is known as the peer to peer (P2P) network which collectively store and share files.

There is no data as to how many Bitcoin nodes actually exist right now but in August 2022, Bitstamp reported there are over 10,000 reachable nodes scattered all over the world. Other reports suggest there are more than 15,000 of these computer devices with such specific purpose.

There Could Be More Nodes

There are over 5 billion people across different countries that have access to the internet. But sadly, not even a fraction of this number is involved in running a Bitcoin node which, according to experts can be easily done.

One of the minimum requirements to run a node is to have a device with at least 7GB of storage to spare. That’s enough for pruned validation which is already contributory to the decentralization of the Bitcoin blockchain.

Running nodes, as opposed to actually mining the cryptocurrency, is not power intensive as it only consumes around 10 cents worth of electricity per day.

It would be amazing to see how Bitcoin will benefit if the number of reachable nodes of its peer to peer network reaches even just a million.

For now, BTC blockchain will have to make do with few tens of thousands that are currently running.

Related Reading: Bitcoin (BTC) Outclasses Major Fiat Currencies And Equities In Q3

BTC total market cap at $370 billion on the daily chart | Featured image from Forex Academy, Chart: TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

Bitcoin

Strategy’s Michael Saylor Shrugs Off Lawsuit, Signals Next Bitcoin Acquisition

7 hours ago
Bitcoin

Texas Signs Strategic Bitcoin Reserve Into Law – Details

22 hours ago
Bitcoin

Bitcoin Bears Take The Wheel — Why $94,000 May Be The Next Critical Zone

23 hours ago
Bitcoin

Bitcoin Treasury Companies: A Double-Edged Sword For The Market – Here’s Why

1 day ago
Bitcoin

Bitcoin On-Chain Metrics Crash To Bear Market Levels Despite Price Sitting Close To ATH

1 day ago
Bitcoin

Bitcoin Price Pattern Hints At $100,000 Target – Here’s Why

1 day ago
Please login to join discussion

Premium Sponsors

Press Releases

  • REEF CHAIN ANNOUNCES LANDMARK PRINCIPAL PARTNERSHIP WITH...

    2 hours ago
  • Using BTC, USDC to earn 1700 euros per day through BCC...

    2 hours ago
  • Bitcoin Mining

    Bitcoin Mining Goes Full Summer Mode — BeMine Kicks Off...

    3 hours ago
  • Ripplecoin Mining Helps Coinbase and Kraken Users Earn...

    3 hours ago
  • Global mining has no boundaries! ETHRANSACTION supports...

    4 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.