Frankfurt is home to the largest city network

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While the United States holds the largest share of the Bitcoin (BTC) hash rate contribution and ATM network, the city hosting the largest number of accessible Bitcoin nodes, the biggest pillar of the Bitcoin system is Frankfurt, in Germany.

A Bitcoin node represents a computer system that works with other decentralized computers to help validate and relay Bitcoin blocks and transactions. Out of a total of 43,706 nodes hosted in 134 countries, the United States hosts 9,999 or 30.53%, while Germany ranks second with 4,529 (13.83%) nodes, data from Bitnodes confirms.

List of top 10 countries with the highest number of Bitcoin nodes. Source: Bitnodes

However, when it comes to the contribution of individual cities, Frankfurt was found to host the highest number of Bitcoin IPv4/IPv6 nodes at the time of writing. Nearly 2% or 652 nodes remain active in Frankfurt. Ashburn, USA is in second place with 517 knots (1.58%) as shown below.

List of the top 10 cities with the highest number of Bitcoin nodes. Source: Bitnodes

Due to factors such as ISP firewalls and private networks, nearly 18% or 5865 Bitcoin nodes were not assigned to any specific location, which helped Satoshi Nakamoto’s vision of a payment system. truly decentralized. The top 10 cities with the highest Bitcoin nodes are Helsinki, Toronto, London, Amsterdam, Moscow, Tokyo, Dublin, and Nuremberg.

Spread across 5773 cities around the world, over 60% and 14% of nodes operate on IPv4 and IPv6 protocols respectively, while over 25% operate anonymously on .onion.

Related: Lightning Network Takes Physical Form in Australia with Bitcoin ATM

Amid skyrocketing hash rates and increased adoption, the growth of the Bitcoin ATM network has appeared to stagnate over the past six months.

Graph showing the number of bitcoin machines installed over time. Source: CoinATMRadar

Between July and December 2022, only 94 Bitcoin ATMs were added to the global network. By contrast, a modest 4,169 ATMs were added in the first six months of the year.

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