#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 US-based 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 US's hashrate dominance remains contested due to the anonymous and geographically distributed nature of Bitcoin mining.
Ace Hot Topic Analysis
Analysis
The United States holds a dominant position in the Bitcoin network, accounting for over 40% of the 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. 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 Bitcoin network hashrate, with over 40% of the computing power coming from the US.
Foundry USA is the largest single Bitcoin mining pool, controlling about 36.5% of the network hashrate.
US mining pools Foundry USA and MARA Pool together account for over 38.5% of mined blocks.
Hashrate dominance remains controversial due to the anonymous and geographically distributed nature of Bitcoin mining.