#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 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 the US's dominance in Bitcoin hashrate, its leadership 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, accounting for over 38.5% of all mined blocks. 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 Bitcoin network's total hashrate. While the US holds a dominant position in Bitcoin hashrate, the anonymity and geographically distributed nature of Bitcoin mining make hashrate dominance a subject of debate.
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Public Sentiment
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Classic Views
The United States accounts for over 40% of the global Bitcoin network's hashrate, making it the world's largest Bitcoin mining hub.
Foundry USA and MARA Pool, two American mining pools, account for over 38.5% of mined blocks, with Foundry USA being the largest single mining pool globally, controlling approximately 36.5% of the total Bitcoin network hashrate.
The anonymity and geographically distributed nature of Bitcoin mining make the dominance of hashrate a matter of debate.
The hashrate of American mining pools has been growing rapidly, for example, Foundry USA's hashrate has increased from 157 EH/s at the beginning of 2024 to approximately 280 EH/s in December.