#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States' share of Bitcoin network hashrate has been steadily increasing, exceeding 40% by the end of 2024. Two US-based mining pools, Foundry USA and MARA Pool, account for over 38.5% of global hashrate. Foundry USA's hashrate has grown significantly in 2024, making it the largest single mining pool globally, controlling approximately 36.5% of the total Bitcoin network hashrate. This trend indicates that the US is gaining increasing influence in the Bitcoin mining sector, solidifying its position as a major player in 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 Bitcoin network hashrate. This data highlights the US's leading position in Bitcoin mining, with its powerful hashrate advantage not only impacting Bitcoin's mining difficulty and transaction speed but also playing a crucial role in the stability and security of the entire 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.
Foundry USA and MARA Pool are the two largest Bitcoin mining pools in the US, together accounting for over 38.5% of all blocks mined.
Foundry USA's hashrate has grown significantly in 2024, making it the largest single mining pool by hashrate.
The US's leading position in Bitcoin mining is a testament to its growing influence in the digital asset space.