US Bitcoin Miners Hit 30% Hashrate Share – What’s Next for Decentralization?

• U.S. miners reached a new high in Bitcoin hashrate control at 30%.
• Their increased share could shift Bitcoin’s network dynamics.
• This rising dominance may impact the decentralization of Bitcoin.

In a historic first, U.S.-listed Bitcoin miners now dominate a record-shattering 30% of Bitcoin’s network hashrate. This represents an 800-basis point rise since the Halving, which requires covering a dominant position for miners in the world of Bitcoin. This soaring dominion in hashrate may mean the future operation of Bitcoin and performance impact invariably concerning altcoins. As US-listed miners expand their share, they may under scrutiny for possibly such a trend of mining power that has been building fate-to-fate lines for the long term.

🚨 US Bitcoin Miners Hit Record 30% Hashrate Control! 🇺🇸

Since the Halving, 14 publicly listed miners have gained 800bps in market share, marking an all-time high dominance in Bitcoin’s network.

What does this mean for decentralization? 🤔👇#Mining #Bitcoin pic.twitter.com/xlufRmiZwo

— Crypto Patel (@CryptoPatel) March 19, 2025

U.S. Miners’ Increasing Share of Bitcoin Hasrate

The figure illustrating the U.S.-listed miner share of network hashrate shows that has actually been a substantial increase in controlling the Bitcoin network. In January 2022, it accounted for only 14.8% of U.S. miners’ total network hashrate. But from December 2022, the number jumped at 24.4%, showing how U.S. miners quickly acquired dominance in mining activity. And in March 2025, it even soared to an impressive 30%. This trend indicates that the U.S. miners control nearly a third of the Bitcoin network—an all-time high.

The speedier development in control by U.S. miners can actually be traced to the Bitcoin halvingthat occurred in May 2020, which resulted in strategic moves by publicly listed mining companies. Many such developments were incorporated through the entire period of 2023 and early 2024 by these mining companies. One of these was between November 2023 and February 2024, wherein there was an increase from 22.6% to 27.3%, giving credibility to U.S.-listed miners’ aggressiveness for having control over the mining space. By the middle of 2024, this would have a steady range of fluctuation between 21% and 27%, according to forecasts.

Impacts to Bitcoin’s Decentralization

Decentralization is present for Bitcoin as one of its main features of design. However, today it is indeed disturbed by growing concentration of the network hashrate under the control of U.S. miners. Though the increase in hashrate share for U.S.-listed miners improved Bitcoin security, it also contradicted the ideal of an entirely decentralized network. If these miners go on and increase their influence, it might yield a more centralized control by giving several large players an unlimited power share of Bitcoin’s destiny.

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