Grayscale Says US Accounts for 15%-20% of Global Crypto Activity
The US accounts for about 15% to 20% of global cryptocurrency activity, according to an analysis. Its share of Bitcoin hash rate and Ethereum full nodes was estimated at 36% and 31%, respectively.Cointelegraph reported on October 29 that crypto asset manager Grayscale estimates the US makes up about 15% to 20% of global crypto activity.The US accounted for about 36% of the Bitcoin network's total hash rate. Hash rate refers to the computing power used in Bitcoin mining.On the Ethereum network, full nodes located in the US made up about 31% of the total. Full nodes verify blockchain transactions and maintain network data.