#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, accounting for over 38.5% of the hashrate. Foundry USA has become the largest single mining pool globally, with an estimated hashrate share of 36.5%. While the US holds a dominant position in Bitcoin hashrate, the anonymity and geographically distributed nature of Bitcoin mining have led to ongoing debate about its hashrate dominance.
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 total Bitcoin network hashrate. Despite this, the dominance of hashrate remains contested due to the anonymous and geographically distributed nature of Bitcoin mining.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The United States dominates the Bitcoin mining landscape, accounting for over 40% of the global hash rate.
Foundry USA is currently the largest single mining pool, controlling approximately 36.5% of the total hash rate of the Bitcoin network.
Foundry USA and MARA Pool, both based in the United States, account for over 38.5% of all mined blocks.
Hash rate dominance remains a point of contention due to the anonymous and geographically distributed nature of Bitcoin mining.