#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States dominates the Bitcoin network's hashrate, accounting for over 40% of the total hashrate as of the end of 2024. Two US-based mining pools, Foundry USA and MARA Pool, account for over 38.5% of all mined blocks. 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 Bitcoin network's total 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 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 Bitcoin network's total hashrate. This data indicates that the US is dominating the Bitcoin mining landscape, and the continued growth of its hashrate share reflects the country's technological advantage and investment in the field. However, some are concerned that the US's concentrated control over Bitcoin's hashrate could negatively impact the network's decentralization and potentially lead to network security risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The United States dominates Bitcoin network 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, making them the largest single mining pools.
Foundry USA's hashrate has grown significantly in 2024, from 157 EH/s to 280 EH/s.
The US's leading position in Bitcoin hashrate demonstrates its strong influence in the space.