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Top 15 Locations for Bitcoin Mining Around the World

Close up image of a piece of Bitcoin in a Bitcoin mining rig
By Augustine Mbam - May 13, 2024 - 5 Mins Read

Quebec, Canada


Aerial view of the Château Frontenac, Quebec, Canada
Château Frontenac, Quebec, Canada | Nathan Feyssat/Unsplash


Quebec is also a primary location for Bitcoin mining, driven by its access to hydroelectric power. It contributes 0.4% of the total Bitcoin mined each year.

The province has competitive energy prices, making it an attractive destination for mining operations.

Notably, Quebec hosts top mining companies such as Hydro-Québec, Bitfarms, and Hut 8 Mining Corp.

Furthermore, it operates under Canada's federal regulations, which support blockchain and crypto technologies.

Additionally, Quebec offers incentives such as tax credits to attract mining companies, fostering a favourable environment for crypto innovation.