#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
By the end of 2024, the United States accounted for over 40% of the global hash rate on the Bitcoin network. Two US-based mining pools, Foundry USA and MARA Pool, accounted 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 the largest single mining pool by hash rate, controlling about 36.5% of the total hash rate of the Bitcoin network. This indicates that the United States holds a dominant position in Bitcoin mining, with a significant computational power advantage.
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 at the beginning of the year to 280 EH/s at the end of the year, making it the largest single mining pool by hashrate, controlling approximately 36.5% of the total Bitcoin network hashrate. This data indicates that the US is a dominant player in Bitcoin mining, and the growth in its hashrate share reflects the booming US mining industry.
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Public Sentiment
Discussion Word Cloud
Classic Views
The United States dominates Bitcoin hashrate, accounting for over 40% of global hashrate.
Foundry USA and MARA Pool are the two largest Bitcoin mining pools in the US, together accounting for over 38.5% of all mined blocks.
Foundry USA's hashrate has grown significantly in 2024, making it the largest single mining pool by hashrate.
The US's dominance in Bitcoin hashrate may be related to the country's positive attitude towards cryptocurrencies and its well-developed mining infrastructure.