Reports have disclosed that much of the world’s mining rigs are built by Chinese firms. Bitmain, MicroBT and Canaan are still named as the main manufacturers. Because miners around the globe use that gear, the country’s grip on the supply chain remains strong.
Equipment origin, spare parts and technical know-how often trace back to China, and that is one reason why Chinese influence stays visible even when machines run overseas.
Some groups moved quickly; others split their fleets across borders. Reports say that certain operations continued in hidden forms within China or were run by owners who used overseas subsidiaries. That mix of visible relocation and obscured activity makes it harder to pin down exact shares.
Based on reports, between 55% and 65% of global mining capacity can be linked back to Chinese roots when hardware origin and ownership are counted together.
As a result, different groups produce different country shares, and the numbers should be seen as snapshots rather than fixed totals.
Hydropower in Sichuan and coal in northern regions once helped make Chinese mining cheap. Those energy factors shaped the old geography of mining inside China.
Now that many rigs moved, energy mixes have changed and emissions footprints vary by host country.
Featured image from Pixabay, chart from TradingView
