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

Ethereum Foundation Begins Staking Treasury ETH Using Bitwise Infrastructure

The Ethereum Foundation has begun staking part of its treasury, marking a significant step in…

1 day ago

Cyberconnect And SurfAI Founder Reportedly Under Investigation In China

Fresh reports circulating in the crypto space suggest that Wei Jiequan, better known as Wilson…

1 day ago

Virtuals And dAI Launch ERC-8183 To Enable Trustless Agentic Commerce On Ethereum

The infrastructure powering autonomous AI agents on Ethereum is slowly coming together. Payments, trust layers,…

1 day ago

Bitcoin Developers Explore Quantum-Resistant Address System With New BIP-360 Proposal

Developers working on Bitcoin are beginning to explore a new idea aimed at protecting the…

2 days ago

Bitcoin Nears 20 Million Milestone As Scarcity Narrative Enters A New Era

The global crypto market is approaching a historic moment. After more than 17 years of…

2 days ago

Bybit Co-CEO Helen Liu To Step Down As She Prepares For New Entrepreneurial Venture

Crypto exchange Bybit has confirmed that its Co-Chief Executive Officer, Helen Liu, will step down…

3 days ago