Bitcoin Dominance
59.0% +2.10%
Bitcoin Marketcap
$1.92T +4.90%
Government Treasuries
7
Pi Cycle Top Indicator
$64,763
Fear and Greed Index
83 -1.20%
Mayer Multiple
1.45 +2.11%
US vs Offshore Trading Volume
6.96%
Circulating Supply
19,785,268.75 +0.00%
Halving Countdown
14.9%
Hashrate vs Price
754.01 EH/s -15.50%
Node Map
18,769
Difficulty Estimator
79,679,234,551,296 +0.00%
Miner Revenue
$42,699,834.39 -13.60%
Network Difficulty
102.29T +0.00%
Puell Multiple
1.06 -13.63%
Exchange Trading Volume
$78.87B -9.78%
Exchange Trading Volume BTC
$14.78B +2.43%
Exchange Volume BTC Dominance
18.8% +0.00%
Monthly Exchange Volume
$1.44T
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BREAKING MicroStrategy has acquired 51,780 BTC for ~$4.6 billion. View their new purchase on Bitcoin Treasuries.
Bitcoin posted a new ATH of $94,941.20.
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Active Nodes per Country Breakdown
United States of America
1855 (9.88%)
Germany
1219 (6.49%)
France
443 (2.36%)
Finland
338 (1.8%)
Netherlands
321 (1.71%)
Canada
252 (1.34%)
United Kingdom
175 (0.93%)
Switzerland
167 (0.89%)
Russia
152 (0.81%)
Singapore
131 (0.7%)
Australia
96 (0.51%)
Czech Republic
85 (0.45%)
Japan
Brazil
84 (0.45%)
Poland
76 (0.4%)
Spain
64 (0.34%)
Austria
59 (0.31%)
Italy
58 (0.31%)
Sweden
50 (0.27%)
China
48 (0.26%)
South Korea
45 (0.24%)
Lithuania
38 (0.2%)
Ukraine
36 (0.19%)
Ireland
Bulgaria
34 (0.18%)
Norway
31 (0.17%)
Hungary
27 (0.14%)
Belgium
25 (0.13%)
Thailand
24 (0.13%)
Romania
21 (0.11%)
South Africa
New Zealand
Malaysia
20 (0.11%)
Portugal
Mexico
19 (0.1%)
Slovakia
18 (0.1%)
Argentina
16 (0.09%)
India
Slovenia
13 (0.07%)
United Arab Emirates
Taiwan
Estonia
Denmark
12 (0.06%)
Israel
10 (0.05%)
Moldova
9 (0.05%)
Chile
Turkey
8 (0.04%)
Greece
Iceland
5 (0.03%)
Panama
Saudi Arabia
Colombia
Kazakhstan
Kyrgyzstan
4 (0.02%)
Latvia
Uruguay
Costa Rica
Cyprus
Malta
Indonesia
Republic of Serbia
3 (0.02%)
Kuwait
Belize
Croatia
Vietnam
2 (0.01%)
Belarus
Liechtenstein
Guatemala
Algeria
Iran
Bahrain
Faroe Islands
Laos
1 (0.01%)
Georgia
Ivory Coast
Andorra
Qatar
Montenegro
Bosnia and Herzegovina
Venezuela
El Salvador
Dominican Republic
Kenya
Pakistan
Trinidad and Tobago
Mauritius
Puerto Rico
Philippines
Ecuador
Seychelles
Bhutan
0
Nepal
Sri Lanka
Egypt
Madagascar
Sierra Leone
Botswana
Central African Republic
South Sudan
Tunisia
Namibia
Niger
Burkina Faso
Syria
Paraguay
Macedonia
Zimbabwe
Guinea
Guinea Bissau
Senegal
Mali
Suriname
Burundi
Djibouti
Lebanon
Kosovo
Chad
Gambia
Iraq
Brunei
Liberia
Swaziland
Afghanistan
Togo
Nigeria
Benin
Western Sahara
Republic of Congo
Cameroon
Rwanda
Mongolia
Albania
Monaco
Jordan
Ghana
Somalia
Ethiopia
Mauritania
Northern Cyprus
Zambia
Turkmenistan
Somaliland
Malawi
Nicaragua
Gabon
Myanmar
Honduras
Guyana
North Korea
Eritrea
Democratic Republic of the Congo
Sudan
Libya
Bolivia
Mozambique
Angola
Haiti
Peru
Cambodia
East Timor
Morocco
Uzbekistan
Lesotho
Tajikistan
Armenia
Azerbaijan
San Marino
Vatican
Uganda
Fiji
Comoros
Equatorial Guinea
Vanuatu
Papua New Guinea
Barbados
Antigua and Barbuda
Grenada
Marshall Islands
Tuvalu
Palau
The Bahamas
Tonga
Saint Kitts and Nevis
Nauru
Saint Lucia
Solomon Islands
Bangladesh
Saint Vincent and the Grenadines
Oman
Samoa
Jamaica
Yemen
Dominica
Cape Verde
United Republic of Tanzania
Sao Tome and Principe
United States Virgin Islands
Northern Mariana Islands
Guam
Greenland
American Samoa
Maldives
Kiribati
Scarborough Reef
Cuba
Federated States of Micronesia
United States Minor Outlying Islands
Node Map stats
12,288 (65.47%)
9 days
Terminal Stats
12
A Bitcoin node is a software or device that runs the Bitcoin protocol. Nodes contain the full or partially pruned database of all BTC transactions, originating all the way back to the Genesis Block to the latest block height of a valid block mined by a miner.
Nodes verify blockchain consensus rules by enforcing the core properties of the Bitcoin network. When a miner finishes a proof of work process, it then gets the ability to submit the found block onto the Bitcoin blockchain.
Before that happens, nodes must verify that the miner has found the correct hash that was set out as a requirement to find and submit the block that contains the transactions.
If everything is in order, then the block is put onto the blockchain, it will attach to the preceding block and all proceeding blocks will be attached to this block. The chain of blocks is called the blockchain.
Bitcoin nodes also serve an important role within the Bitcoin ecosystem. Due to their ability to enforce consensus rules, the nodes are of higher authority in the ecosystem due to their voluntary operational basis.
Nodes are essential units of the defense mechanism of the Bitcoin network in relation to transaction processing and act as a last line of defense against malicious miners.
Although a 51% attack could be used to produce blocks, the nature of the proof of work algorithm promotes adherence to the consensus rules to receive block rewards. Attacking the Bitcoin network comes with extremely high costs due to the expended energy that is required to produce the correct hashes that allow miners to submit blocks to nodes to include them on the blockchain.
While Satoshi Nakamoto used the term miner synonymous with a node in the original Bitcoin whitepaper, the network has changed since then, leading to "miner" and "node" not being synonymous anymore.
Nodes fall into distinct categories, each with its own unique abilities and services they can provide.
An illustration of how the different node categories overlap. Illustration inspired by Gloria Zhao.
Full nodes can validate transactions and blocks. They keep a particular state at all times, such as UTXO (unspent transactions), and store a copy of the blockchain history. They are acting as servers to share and receive information.
Whenever a full node receives a transaction, it checks if the consensus rules are followed:
Listening nodes don't differ much from full nodes. A listening node is a full node that has a specific port open (usually 8333).
When starting to run a full node, node operators will be limited in the number of connections they can enter with their peers due to their firewall.
By bypassing the firewall, operators can turn their full node into a publicly connectable listening node. Instead of hosting connections with only a handful of peers, listening nodes serve as a redistribution point similar to a server that other nodes can connect with to obtain transaction data and history.
As listening nodes transmit more extensive amounts of data, node operators' requirements are higher, explaining why the number of listening nodes is significantly lower than the total of nodes.
A "Non-listening node" means that port 8333 is closed and that the particular node doesn't allow other nodes to download old blocks from it.
Since launching the Bitcoin blockchain in 2009, the ledger has continuously grown and now occupies close to 400 GB in disk space.
A pruned full node doesn't store the entire history but only a part of the chain. The lowered requirements enable more people to host a node and increase security - the more copies of the ledger are in circulation, the harder it is for anyone to launch an attack and destroy all copies.
Pruned full nodes start downloading blocks from the beginning, and once their set limit is reached (usually 5-20GB of space), they simply delete from the oldest block. The node host can decide how much space they want to allocate.
Pruned full nodes can also participate in the verification of transactions and be part of consensus.
Archival full nodes store the complete copy of the Bitcoin Blockchain (close to 400GB) and make it available for new nodes that join the network.
This type of node can also participate in the validation of recent transactions and blocks. When a service needs data on the Bitcoin blockchain, it will most likely start to query an archival full node for information desired.
The last type of full node is a mining node. It's the type of node most people will commonly think of when they hear the term "Bitcoin nodes", which might have to do with how the term is used in the media.
While at the inception of Bitcoin, anyone with free GPU space could quickly start mining Bitcoin, nowadays, mining nodes are highly-specialized hardware devices such as ASICs.
The mining process involves solving a computational puzzle based on the transactions included in a block and the previous block's hash. Blocks are only added once there is proof of work attached to them, evidence that a mining node has solved the hashing puzzle.
Consequently, mining nodes are the nodes that participate in the race to solve a block's hash. The node that solves the hash fastest receives a block subsidy of 6.25 BTC.
As the Bitcoin network grew, miners deployed more specialized hardware, and companies started mining for profit. This "commercialization" of mining made it harder for individuals to mine profitably.
Mining pools provide a way for individual miners to join a collective of miners that share revenues proportionally.
The several subtypes of full nodes introduced all have slightly different features but note that boundaries are not fixed. Mining nodes overlap with archival nodes and listening nodes, and pruning nodes can also fulfill some verification functions. All of them are full nodes that maintain the Bitcoin Network.
But not all Bitcoin network participants run a full node.
With light clients, users can access and securely interact with the Bitcoin blockchain.
While full nodes require to be run 24/7 and store a full copy of the Bitcoin ledger's history, light clients can connect at their convenience. Whenever a light client needs the status of a transaction, they connect with a full node - not with the blockchain directly- to query for the data.
Light clients in Bitcoin are often synonymous with Simplified Payment Verification Nodes (SPVs) that enable nodes to verify transactions that have already been included in a block in a simplified way.
Light clients are more user-friendly but don't directly contribute to the network as they only store information related to them and don't meaningfully participate in verification.
They also have to trust the full nodes; else, they don't work. Nevertheless, light clients can be an excellent way for mainstream users to keep their Bitcoin and engage with the network.
The map above shows the concentration of reachable Bitcoin nodes found in countries around the world. The data is sourced using Bitnodes, which is currently being developed to estimate the size of the Bitcoin network by finding all the reachable nodes in the network.
The current methodology involves sending getaddr messages recursively to find all the reachable nodes in the network, starting from a set of seed nodes. Bitnodes uses Bitcoin protocol version 70001 (i.e. >= /Satoshi:0.8.x/), so nodes running an older protocol version will be skipped.
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