Indonesia Enters the World’s Top 10 Bitcoin Miner Rankings, Competing with Kazakhstan and Ethiopia

The latest Global Hashrate Heatmap report for the second quarter (Q2) 2026 shows a unique phenomenon in the Bitcoin mining industry. Globally, total computing power, or hashrate, decreased by 5.8% to 1.004 EH/s compared with the beginning of the year. This decline occurred because many miners were forced to shut down old machines that consume excessive electricity due to Bitcoin’s price dropping as much as 50% from its peak, making operational costs no longer comparable to the returns.
​Amid these challenging market conditions, Indonesia has made history by breaking into the top 10 positions among the world’s largest Bitcoin mining countries. With a market share of 1.8%, or equivalent to 18 EH/s, Indonesia is now competing closely with Kazakhstan and Ethiopia. Indonesia’s entry into this list shows that domestic Bitcoin mining infrastructure is starting to shift to more modern and efficient hardware, allowing it to keep operating while many miners in other regions are falling away.
​Based on Hashrate Index data, the United States still leads global dominance, but countries in Southeast Asia and the Middle East are beginning to show their strength. Here is the list of the top 10 Bitcoin mining countries by global market share in Q2 2026:
​United States: 37.4%
​Russia: 16.9%
​China: 12.0%
​Paraguay: 4.3%
​United Arab Emirates: 3.0%
​Oman: 3.0%
​Canada: 2.6%
​Ethiopia: 2.5%
​Kazakhstan: 1.8%
​Indonesia: 1.8%

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