Crypto

The Current State of top Bitcoin Mining Pools Following the 2020 Halving

Following the recent block reward halving, many people expected the Bitcoin network hashrate to drop off significantly. That has not happened as of yet, although some changes can be noted when looking at rankings of the mining pools. 

Statistics provided by BTC.com confirm that the Bitcoin mining landscape has undergone some changes in the past year.

Bitcoin Mining Pools in Early 2020

Several pools keep vying for traction, yet it can be an uphill battle more often than not.

There are also a few new pools trying to make an impact, which is well worth keeping an eye on. 

F2Pool currently remains the largest pool, followed relatively close by Poolin.

Related Post

Antpool has seen minor growth, although some of that has been negated since the block reward halving. 

BTC.com itself is doing quite well, although it too has lost some of the gained momentum in the past three months.

The biggest “contraction” comes in the form of “other” mining pools and solo miners, which have seemingly pointed their mining power somewhere else. 

What is rather interesting is how a few new pools have come to forefront in the past year.

More specifically, OKExPool – which virtually disappeared for several months in 2019 – as well as 58COIN & THash, and Lubian.com are all trying to climb the rankings.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

SEC Approves First Spot Chainlink ETF For U.S. Markets

The U.S. Securities and Exchange Commission has approved Bitwise’s spot Chainlink ETF, marking the first…

1 day ago

Rumble And Tether Launch Integrated Self-Custodial Wallet

Rumble and Tether have officially launched the Rumble Wallet, a self-custodial crypto wallet integrated directly…

1 day ago

BNB Chain Sets Fermi Hard Fork For January 14 Upgrade

BNB Chain is preparing to activate its Fermi hard fork on January 14 at 2:30…

1 day ago

Ethereum Ends 2025 As The Financial And Coordination Layer Of The Internet

Ethereum closes 2025 having firmly established itself as the secure foundation for an expanding digital…

2 days ago

Solana Closes 2025 As A Revenue-Driven Blockchain

Solana ends 2025 as one of the few blockchain ecosystems where revenue, assets, and trading…

2 days ago

Morgan Stanley Enters Crypto ETF Race With Bitcoin And Solana Filings

Morgan Stanley has taken a decisive step into the regulated crypto investment market, filing its…

2 days ago