The United States has become a significant player in the Bitcoin mining community, controlling over 40% of total hashrate worldwide. This increase highlights the growing influence and investment in mining infrastructure within the country.
Foundry USA and MARA Pool are MAJOR contributors, jointly providing 38.5% of mined blocks. Foundry USA notably enhanced its power from 157 EH/s to 280 EH/s over the year, underscoring its dominance in the Bitcoin mining pool sector.
Despite the US’s rising status, Bitcoin mining pools in China continue to exert control over 55% of the global hashrate. Utilizing VPNs to circumvent cryptocurrency bans, Chinese miners complicate the global hashrate landscape.
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