The hashrate in the USA has dominated the world in 2025. According to latest reports, more than 40% of the Bitcoin network’s hashrate were operated in the US in 2024.
The domination comes against the backdrop of global hashrates fluctuating through out 2024. The rise in hashrate for the US also comes as the nation has maintained its upper hand in the crypto sector.
MARA and Foundry USA Lead Hashrate Race
Together, the two largest mining pools in the United States, Foundry USA and MARA Pool, account for about 38.5% of all mined blocks. According to TheMinerMag, Foundry USA’s hashrate has increased dramatically, rising from 157 EH/s at the start of 2024 to almost 280 EH/s by December.
The expansion of Foundry might be due in part to American miners rerouting their hashrate from foreign pools. The yearly growth rates of Foundry and MARA Pool, however, were 68% and 168%, respectively, surpassing the network growth of bitcoin and highlighting the sharp acceleration of bitcoin mining in North America.
The amount of processing power required to mine Bitcoin is known as the hashrate, and it rises as more miners join the network.
USA Braces For a Rise in Bitcoin Mining Activity
When it comes to growth, The US crypto markets are noticeably more susceptible to growth given that the adoption and utilization rate in the nation is high.
Now with an incoming pro-crypto government, it is likely that the USA will see a rise in mining activity in the future. Even the President elect, Donald Trump has also stated that he wishes to make “America the Bitcoin mining hub” in the world.
North America Continues its Crypto Domination
Apart from hashrates, North America also continues to be the world’s largest cryptocurrency market, accounting for roughly 22.5% of worldwide activity with an expected $1.3 trillion in on-chain value received between July 2023 and June 2024.
Institutional involvement is the primary driver of North America’s supremacy in the Bitcoin market, more so than in any other region. The growing power of big financial actors in the region’s crypto industry is demonstrated by the fact that transfers over $1 million accounted for about 70% of all crypto activity in the region.
Why Are US Crypto Markets Growing Steadily?
The U.S. market exhibits greater growth than the worldwide market when cryptocurrency prices rise, and the opposite is true when they fall. However, one major reason behind the nation’s rise in market dominance is the participation of both retail and institutional investors.
Now that the incoming government in the nation is also pro-crypto, it is likely that the sector will see more growth in the coming years.
Bitcoin Strategic Reserve Soon to Debut in the USA?
As Unocrypto reported earlier, at least 13 states in the US are presently drafting “Strategic Bitcoin Reserve” legislation, according to Dennis Porter, co-founder and CEO of Satoshi Action Fund, marking a dramatic shift in Bitcoin policy across the US.
The statement, which was made on January 3rd through the X platform, shows that state-level interest in cryptocurrency policy is at an all-time high.