#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States currently accounts for over 40% of the Bitcoin network's hashrate, with two US-based mining pools, Foundry USA and MARA Pool, holding over 38.5% of the hashrate. Foundry USA has become the largest single mining pool globally, with an estimated hashrate share of 36.5%. This data suggests that the US holds a dominant position in Bitcoin mining, but this dominance remains contested due to the anonymous and geographically distributed nature of Bitcoin mining.
Ace Hot Topic Analysis
Analysis
The United States dominates Bitcoin hashrate, accounting for over 40% of the global hashrate of the Bitcoin network 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 hashrate of the Bitcoin network. Despite this, the dominance of hashrate remains contested due to the anonymous and geographically distributed nature of Bitcoin mining.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The United States dominates the Bitcoin mining landscape, accounting for over 40% of the global hashrate.
Foundry USA is currently the largest single Bitcoin mining pool, controlling approximately 36.5% of the total hashrate.
US pools Foundry USA and MARA Pool together control over 38.5% of Bitcoin blocks mined.
The dominance of hashrate remains controversial due to the anonymous and geographically distributed nature of Bitcoin mining.