#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States accounts for over 40% of the Bitcoin network's hashrate, with two American mining pools, Foundry USA and MARA Pool, holding over 38.5% of the hashrate. Foundry USA is currently the largest single mining pool globally, with an estimated hashrate share of 36.5%. Despite this, the United States' dominance in hashrate remains contested due to the anonymous and geographically distributed nature of Bitcoin mining.
Ace Hot Topic Analysis
Analysis
The United States 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 in early 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. Despite this, the dominance of hashrate remains contested due to the anonymous and geographically distributed nature of Bitcoin mining.
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Public Sentiment
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Classic Views
The United States accounts for over 40% of the Bitcoin network's hashrate.
American mining pools Foundry USA and MARA Pool account for over 38.5% of the hashrate.
Foundry USA is currently the largest single mining pool, controlling approximately 36.5% of the hashrate.
Due to the anonymity and geographically distributed nature of Bitcoin mining, hashrate dominance is a matter of debate.