The US controls almost 40% of Ethereum nodes and together with Germany, which has 21%, dominate the rest of the world

The US controls almost 40% of Ethereum nodes and together with Germany, which has 21%, dominate the rest of the world
  • A recent study of the Ethereum network revealed that almost 60% of all ETH nodes are controlled by countries such as the United States and Germany.

Interest in the second most popular cryptocurrency, Ethereum, and its network are growing again as it exceeds $ 1,800 today. But when it comes to the concentration of the Ethereum network and nodes itself, Finbold analysts bring interesting findings.

This analysis focused on all nodes running on the Ethereum network as of March 9, 2021 and yields the TOP 10 countries with the highest numbers.

As you can see on the chart, the first place was sovereignly dominated by the US with 2,559 nodes and 36.92% share. However, a much bigger surprise is Germany, which took second place with 1,467 nodes and up to 21.16%, which is an extremely high number when comparing the size of these countries.

Then there are countries such as France with 5.48%, Singapore with 4.75%, Netherlands with 3.23%, Canada 2.83%, Japan 2.71%, UK with 2.68%, South Korea with 2.68% and last place Ireland with 1.77%.

It is also extremely important to compare the first two countries with the rest of the world where we can see their clear dominance in the control of the Ethereum nodes.

Read also: Up to 54% of Goldman Sachs survey respondents believe that BTC will keep its price between $ 40K-$ 100K in 12 months

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