U.S. Dominates Global Bitcoin Mining, Surpassing China with 36% Hashrate Share by 2025

July 18, 2025
U.S. Dominates Global Bitcoin Mining, Surpassing China with 36% Hashrate Share by 2025
  • By mid-2025, U.S. Bitcoin mining companies have significantly increased their share of the global hashrate to 36%, up from around 15% in early 2022, driven by access to U.S. capital markets and advanced mining technologies.

  • The United States has overtaken China as the leading Bitcoin mining country, now accounting for about 17% of the global hashrate following China's 2021 mining ban.

  • U.S.-listed Bitcoin miners reported approximately $2 billion in gross profits last quarter, demonstrating strong financial health and operational growth.

  • Major firms like MARA and Riot Platforms hold over 700,000 BTC combined, underscoring their confidence and influence in the Bitcoin market.

  • This expansion has been fueled by access to U.S. capital markets, allowing firms to scale infrastructure and invest in cutting-edge mining technology.

  • MARA Holdings, formerly Marathon Digital, has become a leading U.S. miner, having mined 950 BTC in June 2025 and approaching a total of 50,000 BTC.

  • Institutional confidence in Bitcoin is evident as recent transactions, such as a transfer of 40,009 BTC valued at $4.7 billion to Galaxy Digital, highlight its status as a long-term asset.

  • The approval of spot Ethereum ETFs and ongoing corporate interest further indicate Bitcoin's growing role in the global financial landscape, reflecting market maturation.

  • More companies beyond the tech sector are integrating Bitcoin into their balance sheets, transitioning from viewing it as a hedge to considering it a core investment.

  • This increased institutional involvement and market acceptance are further supported by the broader adoption of Bitcoin as a fundamental asset.

Summary based on 1 source


Get a daily email with more Crypto stories

More Stories