#The United States accounts for over 40% of Bitcoin's hashrate.#
Hot Topic Overview
Overview
The United States accounts for over 40% of the Bitcoin network's hashrate, with Foundry USA and MARA Pool, two US-based mining pools, accounting for over 38.5% of the hashrate. Foundry USA is currently the largest single mining pool globally, with a hashrate share of approximately 36.5%. While data suggests US dominance in Bitcoin hashrate, the data 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, controlling over 38.5% of the hashrate. 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. However, due to the anonymous and geographically distributed nature of Bitcoin mining, hashrate dominance remains a subject of debate.
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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 together account for over 38.5% of all mined blocks.
Hashrate dominance remains controversial due to the anonymous and geographically distributed nature of Bitcoin mining.