Top 10 Countries With Highest Cryptocurrency Owners 2022

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The practice of mining is essential to the basis of Bitcoin and other cryptocurrencies. Bitcoin mining is the technique that secures the network, allows for rewards, and is essential to the cryptocurrency's decentralized ethos. 

Mining creates fresh Bitcoin by adding transactions to the blockchain ledger. In a nutshell, it keeps everything running smoothly.

Mining is best done in regions where electricity is plentiful and affordable, where technology is available, and where internet connectivity is not a barrier, because it involves computers solving complex mathematical problems. 

In addition, the regulatory landscape surrounding Bitcoin mining varies from nation to country, and even year to year. Revolutions of this magnitude rarely follow a predetermined path.

Bitcoin's market cap is currently sitting around $65k, putting it above $1.2 trillion, while the overall cryptocurrency market cap is now over $2.53 trillion. This raises a natural inquiry. Which country is the most optimistic about Bitcoin and other digital currencies? Which country has the most number of cryptocurrency owners and users? Let's begin with the top five countries with the most cryptocurrency owners or holders.

Top 10 Countries With Crypto Owners

1. India 100 million
2. USA 27 million
3. Russia 17 million
4. Nigeria 13 million
5. Brazil 10 million
6. Ukraine 5.7 million
7. Pakistan 9 million
8. Indonesia 7 million
9. Vietnam 6 million
10. Kenya 4.6 million

This figure is based on the percentage of Bitcoin owners per population.

There are 21 million bitcoins in circulation. There can never be more than 21 million BTC in circulation. Satoshi Nakamoto, the anonymous founder of Bitcoin, owns the most bitcoins, having mined over 22,000 blocks and received over one million BTC. This is thought to be the single account with more than a million Bitcoins.

Binance, Bitfinex, and an unknown address control more than 100,000 BTC between them.

Microstrategy, a public business, owns roughly 105k BTC, whereas Tesla has about 43k BTC.

The United States has the greatest Bitcoin trading volume on exchanges, according to Statista, followed by Russia, Nigeria, the European Union, and China.

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