🚀 Bitcoin's hashing power is flexing its muscles in the US! By the end of 2024, the US accounted for over 40% of Bitcoin's global hashrate, with Foundry USA and MARA Pool mining over 38.5% of all blocks. Foundry USA alone pumped up its hashrate from 157 EH/s to a whopping 280 EH/s! 🏋️‍♂️

But wait, China's still in the game, holding 55% of the global hashrate despite a crypto ban. Talk about sneaky VPNs and peer-to-peer apps!

Is this centralization a cause for concern? Rajiv Khemani thinks so. He warns against putting all our ASICs in one basket. What do you think? Share your thoughts below!