Close Menu
KumbhCoinorg
    What's Hot

    Watch the Titanic and Lusitania Sink in Real Time: One Fast, One Slow

    April 3, 2026

    Zara Larsson Speaks Out on Losing a $3M Brand Deal for Joking About Abortion on Social Media

    April 3, 2026

    Season 2 of “Your Friends & Neighbors” Serves Another Course of Hamm-Flavored Suburban Malaise

    April 3, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Watch the Titanic and Lusitania Sink in Real Time: One Fast, One Slow
    • Zara Larsson Speaks Out on Losing a $3M Brand Deal for Joking About Abortion on Social Media
    • Season 2 of “Your Friends & Neighbors” Serves Another Course of Hamm-Flavored Suburban Malaise
    • Friday New Releases – April 3, 2026 – 2 Loud 2 Old Music
    • Sentuhan Lokal Yang Mendefinisikan Ulang Jam Tangan Lokal 2026 » Dashofinsight
    • 02 April, 2026 – Alpha Ideas
    • Yuvraj Singh goes extremely blunt amid IPL 2026
    • Line-ups, stats and preview including TV, live stream, team news and FA Cup prediction
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Friday, April 3
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Crypto News»A New Risk For The Industry?
    Crypto News

    A New Risk For The Industry?

    kumbhorgBy kumbhorgApril 28, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    A New Risk For The Industry?
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    A groundbreaking study from the Cambridge Centre for Alternative Finance (CCAF) claims that the United States now dominates Bitcoin mining, controlling as much as 75.4% of the global hashing power. “The U.S. has solidified its position as the largest global mining hub (75.4% of reported activity),” the CCAF reports, based on a survey of 49 mining firms representing nearly half the Bitcoin network’s hashrate. 

    This concentration, equating to roughly 600 exahashes per second (EH/s) of the global 796 EH/s, raises a pressing concern: Is Bitcoin mining becoming dangerously centralized in the U.S., and what risks does this pose for the emerging asset’s future?

    Howard Lutnick, U.S. Secretary of Commerce and former CEO of Cantor Fitzgerald, recently shared insights into the Trump administration’s vision to position the U.S. as a Bitcoin superpower. “It’s like gold. To me. It’s a commodity,” Lutnick said in an interview with Frank Corva of Bitcoin Magazine, highlighting Bitcoin’s fixed supply of 21 million coins. He outlined plans to “turbocharge” U.S. mining through the Commerce Department’s Investment Accelerator, which streamlines permits for miners to build off-grid power plants. “You can build your own power plant next to [your data center]. I mean, think about that for a second,” he said.

    This pro-business stance has fueled America’s mining boom, but the CCAF’s findings suggest a downside: centralization. For years, Bitcoiners worried about China’s dominance, which peaked at 65–75% of global hashrate before its June 2021 mining ban. “In 2019, China dominated global Bitcoin mining, accounting for 65–75% of the total Bitcoin network,” a 2025 Nature Communications study notes. When China banned mining, hashrate dispersed globally, with many operations relocating to the U.S., drawn to states with abundant energy and favorable policies. This shift caused a 50% market correction but paved the way for a 130% rise toward the end of the year, demonstrating the market’s resilience.

    Bitcoin Mining Centralization in the U.S.: A New Risk for the Industry

    While China’s historical hashrate concentration never led to network abuse, it was a constant concern. Now, with the U.S. holding 75% of hashrate, similar risks emerge. The Trump administration is Bitcoin-friendly, but a future administration could turn hostile, leveraging centralized hashrate to control the network. Unlike China’s ban, a future U.S. government might try to regulate or manipulate mining, using executive powers like sanctions to censor transactions — a threat amplified by mining’s concentration.

    The U.S.’s federal structure offers a potential safeguard. The division of powers between states and the federal government could enable resistance to federal overreach. In states with significant mining activity, officials and the public might argue that manipulating the industry harms Bitcoin’s value, impacting investors. Such resistance could preserve the network’s integrity.

    The weakening of the U.S. monetary sanctions regime might play to our advantage. Following the 2022 seizure of Russian treasuries, nations misaligned with U.S. policy have reduced U.S. bond purchases, undermining the fiat rails abused in sanctions. The Trump administration is shifting toward tariffs to control goods rather than money flows, potentially reducing the threat of monetary censorship. This pivot buys Bitcoin time, as centralized hashrate may be a soft target for federal intervention.

    Nevertheless, American Bitcoiners must stay proactive. Deepening Bitcoin adoption to embed it widely in the economy and throughout the world could deter censorship, as attacks on the network would harm personal wealth, spurring backlash. History also shows miners adapt when displaced — China’s ban proved that — but governments learn. A future U.S. administration might not ban mining but seek to control it, exploiting centralization.

    The Bitcoin industry faces a critical juncture. With as much as 75.4% of hashrate in the U.S., even low estimates of 50% present a centralization risk that looms large. Should we diversify globally or lean into America’s mining dominance? As Lutnick’s vision unfolds, Bitcoiners must ensure this sovereign money remains resilient, regardless of who holds power.

    Industry risk
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleJeremy Vine stops cycling videos after online abuse
    Next Article Government plans to extend levy to milkshakes
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Crypto News

    How Real Is The Quantum Threat?

    By kumbhorgApril 3, 2026
    Blockchain Trends

    Bitcoin Price Slides 2% as Michael Saylor Hints at More BTC Buys

    By kumbhorgApril 3, 2026
    Forex News

    Australian Dollar gains traction ahead of US jobs report

    By kumbhorgApril 3, 2026
    Crypto News

    Coinbase Receives OCC Nod To Form National Trust Company

    By kumbhorgApril 2, 2026
    Bitcoin & Altcoins

    Why Banks Are Exploring Cardano Midnight Privacy Protocol

    By kumbhorgApril 2, 2026
    Blockchain Trends

    White House Crypto Adviser Urges Democrats to Back Crypto Bill

    By kumbhorgApril 2, 2026
    Add A Comment

    Comments are closed.

    Don't Miss

    Watch the Titanic and Lusitania Sink in Real Time: One Fast, One Slow

    By kumbhorgApril 3, 2026

    Asked to name famous ship­wrecks at a bar triv­ia night, a fair few par­tic­i­pants might…

    Zara Larsson Speaks Out on Losing a $3M Brand Deal for Joking About Abortion on Social Media

    April 3, 2026

    Season 2 of “Your Friends & Neighbors” Serves Another Course of Hamm-Flavored Suburban Malaise

    April 3, 2026

    Friday New Releases – April 3, 2026 – 2 Loud 2 Old Music

    April 3, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025165 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202546 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202532 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    Watch the Titanic and Lusitania Sink in Real Time: One Fast, One Slow

    April 3, 2026

    Zara Larsson Speaks Out on Losing a $3M Brand Deal for Joking About Abortion on Social Media

    April 3, 2026

    Season 2 of “Your Friends & Neighbors” Serves Another Course of Hamm-Flavored Suburban Malaise

    April 3, 2026
    Most Popular

    7 things to know before the bell

    January 22, 20250 Views

    Reeves optimistic despite surprise rise in UK borrowing

    January 22, 20250 Views

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.