Half way up the spoke will be fine.
If you want your computer to be accurate then it is important that you get the wheel size correct.
When you set the computer up you probably had to input a 'code' for the wheel size. This code is more than likely the wheels circumference in mm. Obviously not all tyres are the same size. In fact generally as the tyre gets wider the circumference of the tyre increases proportionately. The standard circumference of a 26x1.5 tyre is 2025; whereas a 26x2.0 tyre will probably have a circumference of 2115, some 90mm more. It all depends on the tyres and pressure in question!
Obviously when your dealing in km a few mm here and there isn't going to make much of a difference but 90mm /3.5” (which is the difference between a 1.5 and 2.0 tyre) per wheel revolution will soon clock up.
To measure the actual circumference of your wheel put a chalk line on the floor. Line up the valve with the line then roll the bike forward (with your weight on it) until the valve has completed one revolution. Put another chalk line. Measure how far apart your lines are.