#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States dominates Bitcoin network hashrate, accounting for over 40% of global hashrate as of the end of 2024. Two US-based mining pools, Foundry USA and MARA Pool, account for over 38.5% of all blocks mined. Foundry USA's hashrate grew from 157 EH/s at the beginning of 2024 to approximately 280 EH/s in December, making it the largest single mining pool by hashrate, controlling about 36.5% of the total Bitcoin network hashrate.
Ace Hot Topic Analysis
Analysis
The United States now accounts for over 40% of the Bitcoin network's hashrate, with two US-based mining pools, Foundry USA and MARA Pool, controlling over 38.5% of all mined blocks. Foundry USA's hashrate has grown from 157 EH/s at the beginning of 2024 to approximately 280 EH/s in December, making it the largest single mining pool by hashrate, controlling about 36.5% of the Bitcoin network's total hashrate. This data indicates that the US holds a dominant position in Bitcoin mining, and its hashrate advantage provides strong support for its influence in the global digital currency market. However, some are concerned that the high concentration of Bitcoin mining in the US could lead to network security risks and potentially affect the decentralization of the Bitcoin network. In the future, it is worth watching whether the US can maintain its leading position in Bitcoin mining as mining pools in other countries and regions continue to develop, and whether its hashrate advantage will bring new challenges.
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Public Sentiment
Discussion Word Cloud
Classic Views
The United States dominates Bitcoin hashrate, accounting for over 40% of global hashrate.
Foundry USA and MARA Pool are the two largest Bitcoin mining pools in the US, together accounting for over 38.5% of all mined blocks.
Foundry USA's hashrate has grown significantly in 2024, making it the largest single mining pool by hashrate.
The US's dominance in Bitcoin hashrate could have implications for its mining ecosystem and the stability of the global Bitcoin network.