Bitcoin Hash Rate Dominance Shifting towards US: Ki Young Ju, CEO of CryptoQuant, reported recently, indicating a notable shift in Bitcoin's hashrate distribution. "Bitcoin hashrate dominance is shifting to the US miners at the moment," Ju stated. Data reveals that Chinese mining pools currently hold a 55% hashrate share, while US pools have captured 40%. Notably, US mining pools are largely led by institutional miners, while Chinese pools encompass a higher proportion of smaller Asian miners. The data further illustrates a steady rise in US mining pool hashrate share, growing from below 20% in 2021 to the current 40%. This trend signifies a significant shift in the global Bitcoin mining landscape. This news follows previous reports highlighting the increasing presence of institutional investors in the cryptocurrency market. The growing prominence of US mining pools, backed by institutional capital, underscores the evolving dynamics of the Bitcoin mining industry.