A New Risk For The Industry?

A pioneering study from the Cambridge Center for Alternative Finance (CCAF) claims that the United States is now dominating bitcoin mining, which controls 75.4 % of global retail power. “The United States has strengthened its position as the largest global mining center (75.4 % of the reported activity),” CCAF reportsBased on a survey that included 49 mining companies representing nearly half of the Bitcoin network.

This focus, which is equivalent to approximately 600 Exhashes per second (EH/S) from 796 EH/S, is a remarkable concern: Has bitcoin mining become dangerously centered in the United States, and what risks that this leads to the future of emerging assets?

Howard Lootnick, US Trade Minister and former CEO of Cantor Fitzgerald, has participated in the Trump administration’s vision of the United States’ position as Bitcoin’s superpower. “It’s like gold. For me, it’s a commodity,” Lottennik said in an interview with Frank Corva of Bitcoin magazine, with a highlight of the 21 million steady Bitcoin supplies. He explained plans for “turbocharged guidance” in mining by accelerating the investment of the Ministry of Trade, which extends the permits of miners to build power plants outside the network. He said: “You can build your power plant next to (your data center). I mean, think about it for one second.”

This pro -business support position has fueled the US mining boom, but CCAF results indicate a negative: Central. For years, Bitcoiners worried about China’s hegemony, which peaks 65-75 % of global retail before mining ban in June 2021. In 2019, China dominated global bitcoin mining, representing 65-75 % of the total bitcoin network, ” 2025 Nature Communications Study notes. When China has banned mining, retail was dispersed in the world, with many operations move to the United States, which are attracted to countries with abundant energy and favorable policies. This shift caused the market to correct 50 %, but it paved the way for an increase of 130 % at the end of the year, indicating the market flexibility.

While the concentration of historical shores in China did not cause the use of the network, it was a permanent source of concern. Now, with the United States possessing 75 % of retail, similar risks appear. Trump administration is a bitcoin friend, but future management can turn hostile, and takes advantage of the central retail to control the network. Unlike the Chinese embargo, the future US government may try to organize or manipulate mining, using executive forces such as sanctions on monitoring transactions – a threat to amplify it from the concentration of mining.

The Federal Temple of the United States provides possible protection. The division of salads between states and the federal government can enable federal transgression resistance. In countries with great mining activity, officials and the public may argue that the treatment of industry is harmful to the value of Bitcoin, which affects investors. Such resistance can maintain the integrity of the network.

He weakened the US monetary sanctions system in our favor. In the wake of the seizure of the Russian treasury for the year 2022, nations reduced the American policy from the purchases of American bonds, undermining the Fiat bars treatment. The Trump administration turns towards the customs tariff for controlling goods instead of money flows, which may reduce the threat of cash control. This axis buys bitcoin time, as central retail may be a soft goal for federal intervention.

However, the American bitcoin should remain proactive. Deepening Bitcoin’s adoption to include it widely in the economy and all over the world can deter censorship, because the attacks on the network will harm personal wealth, which provokes a violent reaction. History also shows that mining workers are adapting to displacement – the Chinese ban has proven that – but governments are learning. The future American administration may not prohibit mining but seeks to control it and exploit centralization.

Bitcoin faces a critical turn. With up to 75.4 % of retail in the United States, even 50 % low estimates are the central risk of waving on the horizon. Should we diversify globally or tend to dominate America’s mining? With the development of Lutnick’s vision, Bitcoiners should ensure that this sovereign money remains flexible, regardless of whoever holds power.