United

World

Foundry

Bitcoin

Read

<p><strong>Key Points:</strong></p>   
<ul class="wp-block-list">
  
 <li><em>The United States controls over 40% of the Bitcoin network hashrate, with Foundry USA and MARA Pool mining more than 38.5% of all blocks in 2024.</em></li>   
 <li><em>Foundry USA, the largest mining pool, expanded its hashrate from 157 EH/s to 280 EH/s in 2024, now holding 36.5% of the total Bitcoin hashrate.</em></li> 
</ul>   
<h5 class="wp-block-heading">The United States is cementing its status as a global leader in <a href="https://coincu.com/299837-top-bitcoin-mining-machines-for-2025/" target="_blank" rel="noreferrer noopener">Bitcoin mining</a>, commanding <a href="https://theminermag.com/news/2025-01-02/us-bitcoin-hashrate-dominance/" target="_blank" rel="noreferrer noopener">more than 40%</a> of the Bitcoin network hashrate by the end of 2024.</h5>   
<figure class="wp-block-image aligncenter size-large">
 <a href="https://coincu.com/wp-content/uploads/2025/01/On_White_74_optimized_2000-scaled.jpg"><img src="https://coincu.com/wp-content/uploads/2025/01/On_White_74_optimized_2000-1024x576.jpg" alt="US Bitcoin Network Hashrate Leads the World With 40% Share" class="wp-image-300090"></a>
 <figcaption class="wp-element-caption"> 
 </figcaption>
</figure>   
<p class="has-background" style="background-color:#222222">Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noreferrer noopener"> </a><a href="https://coincu.com/299240-do-kwon-extradition-case/"></a><a href="https://coincu.com/297337-ftx-reorganization-plan-effect-on-january-3/"></a><a href="https://coincu.com/299837-top-bitcoin-mining-machines-for-2025/"></a><a href="https://coincu.com/298493-microstrategy-shareholder-vote-on-key-proposals/"></a><a href="https://coincu.com/300026-bitcoin-hashrate-hits-a-new-all-time/"></a><a href="https://coincu.com/wp-admin/post.php?post=300026&amp;action=edit">Bitcoin Hashrate Hits A New All-time High, Signaling Network Growth</a>&nbsp;</p>   
<h2 class="wp-block-heading" id="us-takes-up-more-than-40-of-bitcoin-network-hashrate">US Takes Up More Than 40% of Bitcoin Network Hashrate</h2>   
<p>This is greatly spearheaded by two mining pools based in the country: Foundry USA and MARA Pool, which combined to mine more than 38.5% of <a href="https://coincu.com/299835-bitcoin-price-prediction-for-2025-80k-and-150k/" target="_blank" rel="noreferrer noopener">Bitcoin</a>'s blocks mined last year.</p>   
<p>Foundry USA became the largest mining pool, accounting for about 36.5% of the Bitcoin network hashrate. Its hashrate skyrocketed from 157 EH/s at the beginning of 2024 to as high as 280 EH/s by December, TheMinerMag reported. MARA Pool was smaller but important, with a hashrate of 32 EH/s or 4.35% of the network's total computing power.</p>   
<h2 class="wp-block-heading" id="centralization-risks-increase-with-u-s-mining-supremacy">Centralization Risks Increase With U.S. Mining Supremacy</h2>   
<p>Part of the reason for Foundry USA's growth is the shift by U.S.-based miners from international pools. Both Foundry and MARA Pool are growing astronomically fast, with Foundry up 68% and Mara Pool up 168% per year against the overall network growth rate.</p>   
<p>The rise of North American mining thus speaks to the region's increasing relevance in the wider cryptocurrency ecosystem but also, of course, to centralization risks - with a few mining pools controlling much of the security of the network.</p>   
<p>Meanwhile, Bitcoin's price has held up well, changing hands at around $98,000, up 1% from the previous day.</p>   
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure>  <a href="https://coincu.com/?p=300083">Read original article on coincu.com</a>

US Bitcoin Network Hashrate Leads the World With 40% Share

Table of Contents

Coincu

Other articles published on Jan 4, 2025

CryptoQuant’s CEO Highlights Factors Driving Bitcoin Demand in 2025

3 Reasons Why FXGuys Is Crowned 2025’s Hottest Presale

HyperLiquid DEX & Sui DeSci AI Agents Impress, but Web3Bay's $253K+ Presale Position It as the T...

Do Kwon Extradited to the U.S.: Faces Justice for Terra/Luna Collapse

Arthur Hayes Predicts Bitcoin Could Soar to Million-Dollar Heights

Small investments, big gains: 5 altcoins under $0.10 with huge 2025 potential

Join our free newsletter for daily crypto updates!