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- The U.S. dominates over 40% of Bitcoin’s global hashrate, with Foundry USA as a leading mining pool.
- Texas contributes over 28% of U.S. hashrate, leveraging renewable energy for sustainable Bitcoin mining operations.
Comprising over 40% of the overall hashrate of the network, the United States has confirmed its leadership in Bitcoin mining worldwide. The movement of miners responding to China’s 2021 ban on crypto-related operations drives this amazing change mostly.
Leading Bitcoin mining pool Foundry USA is crucial in this supremacy since it offers strong, safe, and quick mining solutions. Using cutting-edge technologies and a dedication to sustainable energy, Foundry USA has become a pillar of the American mining environment.
U.S. TAKES 40%+ OF BITCOIN’S HASHRATE
The U.S. now runs over 40% of Bitcoin’s global hashrate, with Foundry USA leading the pack.
This isn’t just numbers—it’s power consolidation.
More hash in one region means the network’s decentralization could be at risk.
But at the same… pic.twitter.com/CB5f50tgF3
— Mario Nawfal’s Roundtable (@RoundtableSpace) January 5, 2025
Texas: The Renewable Energy Hub for Bitcoin Mining Growth
With more than 28% of the U.S. hashrate coming from Texas, this state has grown to be a focus center for this activity. Low energy prices and supportive laws, among other advantageous factors, have drawn mining activities to it.
Texas’s large expenditures in renewable energy—especially solar and wind—have also positioned it as a sustainable center for Bitcoin mining.
The emergence of the United States as a mining powerhouse marks a significant change in the computation capability of Bitcoin. The industry’s flexibility is shown by the migration of miners from areas with regulatory uncertainty to stable governments like the United States.
But the concentration of mining capability in one nation has sparked questions over the possible influence on the decentralization of the Bitcoin network. Still a difficult task is balancing efficiency, sustainability, and decentralization.
The U.S. mining sector has great challenges even with its successes. Rising energy prices, environmental objections, and changing policies need for ongoing adaptation. By including renewable energy sources into their activities, therefore reducing environmental effects and guaranteeing long-term survival, many mining businesses are actively addressing these issues.
On the other hand, CNF previously reported about notable changes in the mining sector worldwide. For instance, BitFu Fu inked a two-year contract with BITMAIN to get 80,000 S-series Bitcoin mining rigs.
With a new mining facility in Ethiopia scheduled to boost BitFuFu’s worldwide hosting capacity to over 600 MW, thereby strengthening infrastructure, this calculated action aims at increasing their activities.
Furthermore, as we previously noted, projected to drop by 8% in mid-January is the record high of 109.78 trillion that Bitcoin mining difficulty represents. Although hashprice dropped, miners made $1.33 billion in December, more than in November.
