#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States currently dominates the global hash rate of the Bitcoin network, accounting for over 40%. Two US-based mining pools, Foundry USA and MARA Pool, account for over 38.5% of all mined blocks. Foundry USA is currently the largest single mining pool by hash rate, controlling approximately 36.5% of the Bitcoin network's total hash rate. 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 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 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 controversial due to the anonymous and geographically distributed nature of Bitcoin mining.
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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.