#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States' share of Bitcoin network hashrate has continued to climb, exceeding 40% by the end of 2024. Two US-based mining pools, Foundry USA and MARA Pool, account for over 38.5% of the hashrate. Foundry USA's hashrate grew from 157 EH/s at the beginning of the year to 280 EH/s by the end of the year, making it the largest single mining pool globally, controlling approximately 36.5% of the total Bitcoin network hashrate. The US's dominant position in Bitcoin hashrate has further solidified, significantly impacting the stability and development trends of the global Bitcoin network.
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 the hashrate. 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 total hashrate of the Bitcoin network. This trend indicates the US's leading position in Bitcoin mining, and the increase in its hashrate share could also have an impact on the stability and security of the global Bitcoin network.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The United States dominates Bitcoin hashrate, accounting for over 40% of global hashrate.
Two US mining pools, Foundry USA and MARA Pool, account for over 38.5% of 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 mining could have implications for the decentralization of the global Bitcoin network.