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

CORE and Jupiter See Big 30-Day Gains. New Crypto Raboo Presale Offers 100X Potential

As cryptos like Core and Jupiter experience outstanding 30-day gains, a new crypto presale has…

16 hours ago

Is MEME Hype Dead? BEFE Coin Says Otherwise

BEFE Coin lights a new fire in meme cryptocurrency, blending humor with profitable possibilities. This…

17 hours ago

Bitgert Coin: How It’s Capturing the Cryptocurrency Spotlight

The cryptocurrency space has been associated with the volatility that comes with constant innovations. New…

17 hours ago

Solana Whales Dump $8 Million Worth Of WIF To Buy The Next 1000X Ethereum-Based Token

The crypto market downturn over the weekend caused panic among many Dogwifhat (WIF) investors. This…

20 hours ago

Market Sentiment Sours Despite ETF Approval: Bitcoin Holders Stand Firm

Trader optimism soared following the approval of spot Bitcoin and Ethereum ETFs in Hong Kong.…

1 day ago

Arbitrum Faces Potential Volatility As Token Unlock Event Looms

The impending token unlock event scheduled for April 16 poses a significant risk to Arbitrum…

1 day ago