Summary
- Bitcoin mining pools in North America experienced a drop in block share last year.
- This trend is influenced by a surge in AI infrastructure requirements.
- China’s expansion in energy capacity may also play a role.
The dominance of America in Bitcoin mining is waning as companies pivot towards constructing infrastructure for artificial intelligence, creating a window of opportunity for nations like China, notwithstanding former President Donald Trump’s aspirations for technological supremacy.
A report from BlocksBridge Consulting noted that in 2025, North American mining pools, which combine computational resources to increase the chances of successfully mining Bitcoin blocks, have seen a steady decline in their share of total Bitcoin blocks extracted.
As of December, Foundry USA, MARA Pool, and Luxor Technologies represented 35% of Bitcoin blocks, a decrease from over 40% the previous January.
This decline follows Trump’s push for all remaining Bitcoin mining to occur in the U.S. for the 2024 election, despite skepticism regarding its feasibility, highlighting the president’s ambition for a thriving Bitcoin industry amidst concerns over its environmental and community impact.
As data center expansion in various U.S. states prevails, Trump’s sons have also launched their own Bitcoin mining venture, American Bitcoin, co-founded by Eric and Donald Trump Jr. and backed with an 80% majority stake by Miami-based Hut 8, which is shifting its focus towards energy infrastructure.
Amidst plummeting profitability in the Bitcoin mining sector, with daily earnings averaged at $38,700 per EH/s in December—down 32% year-over-year—many firms are adapting to meet demands from AI sectors. Nick Hansen, CEO of Luxor Technology, emphasizes that miners must assess the feasibility of transitioning to AI technologies due to the substantial growth in demand.
