#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States' share of Bitcoin network hashrate has been steadily increasing, exceeding 40% by the end of 2024. Two US-based mining pools, Foundry USA and MARA Pool, account for over 38.5% of the hashrate. Foundry USA's hashrate has grown significantly throughout 2024, making it the largest single mining pool globally, with an estimated 36.5% share. This signifies the US's dominant position in Bitcoin network hashrate, exerting significant influence on the network's stability and security.
Ace Hot Topic Analysis
Analysis
The United States' share of Bitcoin network hashrate has been steadily increasing, exceeding 40% by the end of 2024. Two US-based mining pools, Foundry USA and MARA Pool, account for over 38.5% of the global hashrate. Foundry USA's hashrate grew from 157 EH/s at the beginning of the year to 280 EH/s by the end of the year, making it the largest single mining pool globally, controlling approximately 36.5% of the Bitcoin network's total hashrate. The US's dominance in Bitcoin hashrate reflects its strong mining capabilities and could potentially have an impact on the future decentralization of the Bitcoin network.
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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 is the largest single mining pool, controlling approximately 36.5% of the total hashrate of the Bitcoin network.
US mining pools Foundry USA and MARA Pool together account for over 38.5% of mined blocks.
US Bitcoin hashrate has grown significantly in 2024, with Foundry USA's hashrate increasing from 157 EH/s to 280 EH/s.