Bitcoin was founded on decentralization, but U.S. mining dominance raises centralization concerns.
The U.S. Leads in Global Bitcoin Mining
Since China's 2021 crackdown, the U.S. has become a dominant force in global hashrate distribution. With over 38% of Bitcoin's hashrate now controlled by U.S. mining pools as of 2025, major firms like Foundry USA, Marathon Digital, and Riot Platforms have expanded operations across states such as Texas, Kentucky, and North Dakota. This has brought legitimacy and investment to the industry, but also aligns it with governmental regulations.
The Link Between the U.S. Bitcoin Reserve and Mining Power
In addition to mining dominance, the U.S. is gaining financial control over Bitcoin via strategic reserves managed by major institutions like BlackRock and Fidelity. These reserves, combined with mining dominance, position the U.S. as a powerful force in Bitcoin's future.
The Rising Risks of U.S. Mining Dominance
If U.S. mining dominance continues, government intervention in Bitcoin's network security could escalate. This might lead to potential scenarios involving transaction censorship, blacklisting of certain wallets, and forcing mining pools to comply with national interests, such as sanctions compliance.
As U.S. influence grows, government control over Bitcoin could increase, but Bitcoin's global nature ensures that alternative hubs will emerge, sustaining decentralization.
