The United States is poised to establish itself as a global leader in Bitcoin mining, with projections indicating that it will account for over 40% of the global Bitcoin network hashrate by the end of 2024. This significant milestone is driven by the rapid expansion of U.S.-based mining pools, particularly Foundry USA and Mara Pool, which are estimated to collectively control over 38.5% of all block production. This shift towards U.S. dominance in Bitcoin mining can be attributed to several factors, including the country's abundant energy resources, favorable regulatory environment, and growing institutional interest in the cryptocurrency. As the Bitcoin mining industry continues to evolve, the United States is well-positioned to maintain its leadership role and shape the future of the Bitcoin network.

#BTC