#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 US-based mining pools, Foundry USA and MARA Pool, holding over 38.5% of the hashrate. Foundry USA has become the largest single mining pool globally, with an estimated hashrate share of 36.5%. However, due to the anonymous and geographically distributed nature of Bitcoin mining, the US's dominance in hashrate remains a subject of debate.
Ace Hot Topic Analysis
Analysis
The United States holds a dominant position in 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 enjoys a significant advantage in Bitcoin hashrate, the anonymous and geographically distributed nature of Bitcoin mining makes the dominance of hashrate a subject of debate.
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, account for over 38.5% of all blocks mined.
Hashrate dominance remains controversial due to the anonymous and geographically distributed nature of Bitcoin mining.