Why Nostr? What is Njump?
2024-07-28 15:25:38

bitcoinlimit on Nostr: Europe's contribution to #Bitcoin is often underestimated. The attached table shows ...

Europe's contribution to #Bitcoin is often underestimated. The attached table shows the distribution of public nodes across the globe. Given the population difference between the EU and Asia, and the rest of the world, the EU's contribution is significantly higher, especially compared to Asia.

Of course, these are all reachable public nodes, and the number of private nodes is significantly higher. Some estimates indicate that private nodes exceed 100,000. Regardless, the EU's contribution from the public nodes' sample size is still very significant.

For example, Germany alone hosts 6,000 public nodes, representing 15% of all reachable public nodes. In Frankfurt alone, there are around 700 public nodes up and running 24/7. Another example in the EU region is Helsinki, Finland, which hosts around 600 public nodes.

To put these numbers in perspective, the number of public nodes in all of China is around 3,000, half the size of Germany's public nodes. This stark difference is notable given the population disparity.

In conclusion, the data highlights the EU's pivotal role in supporting Bitcoin's infrastructure through a substantial number of public nodes. This significant contribution not only showcases the region's enthusiasm for Bitcoin but also underscores the importance of decentralized participation in the global Bitcoin network.
Author Public Key
npub12h358ejcjpeaxyhu4vcqwhjtg6qndxm9gk007d48utlylzq2e5dsdmk3mr