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

Bitget Launches OpenAI Pre-IPO Access As Crypto Exchanges Push Into Tokenized Equity Markets

Bitget officially launched pre-IPO access to OpenAI via its IPO Prime platform which deepens their…

7 hours ago

Tether Expands Open-Source Push With New Developer Grants For AI And Payment Infrastructure

Tether's presence in decentralized tech space is growing due to the launch of its developer…

1 day ago

Huma Finance Exploit Hits Legacy Contracts As Platform Maintains Stability And Accelerates Transition To V2 System

While challenges remain, the decentralized finance sector is moving forward, and Huma Finance's exploit serves…

1 day ago

Chainlink Expands Cross-Chain Reach As Major Protocols And Institutions Deepen Adoption 

Chainlink is continuing its mission to be the most widely integrated infrastructure in crypto, adding…

2 days ago

Sui Network Hit Again: DeepBook Exploit Adds To Growing List As Token Defies Pressure With Bullish Breakout

A vulnerability in one of the core DeFi protocols on Sui Network exposes the ecosystem…

3 days ago

Polygon Raises Network Capacity To 140M Gas

Polygon has made a big move in cementing its mission as one of the leading…

4 days ago