U.S. Accounts for Over 40% of Global Bitcoin Hash Rate
The U.S. accounts for more than 40 percent of the Bitcoin network's hash rate, with two U.S.-based mining pools, Foundry USA and MARA Pool, accounting for more than 38.5 percent of all blocks mined, according to data. According to TheMinerMag, Foundry USA's hashrate grew from 157 EH/s) in early 2024 to approximately 280 EH/s in December.Foundry is currently the largest single mining pool by hashrate, controlling approximately 36.5% of the total hashrate on the Bitcoin network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Crypto prices
More
