#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
As of the end of 2024, the United States accounted for over 40% of the global hash rate on the Bitcoin network, with two US-based mining pools, Foundry USA and MARA Pool, accounting for over 38.5% of all mined blocks. Foundry USA's hash rate grew from 157 EH/s at the beginning of 2024 to approximately 280 EH/s in December, making it currently the largest single mining pool by hash rate, controlling about 36.5% of the total hash rate of the Bitcoin network. Despite this, the dominance of hash rate remains controversial due to the anonymous and geographically distributed nature of Bitcoin mining.
Ace Hot Topic Analysis
Analysis
The United States dominates Bitcoin network 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 total Bitcoin network hashrate. While the US holds a dominant position in Bitcoin hashrate, the anonymity and geographically distributed nature of Bitcoin mining make the hashrate dominance still debatable.
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 currently the largest single mining pool, controlling approximately 36.5% of the total hashrate of the Bitcoin network.
Foundry USA and MARA Pool, two US mining pools, combined account for over 38.5% of all blocks mined.
Due to the anonymous and geographically distributed nature of Bitcoin mining, hashrate dominance remains a point of contention.