FP91G
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January 12, 2025, 04:41:24 PM |
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U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies Mining profitability increased last month as the rally in bitcoin outpaced the increase in the network hashrate, the report said. What to know: Bitcoin miners listed in the U.S. accounted for 25.3% of the global network in December, the report said. Jefferies cuts its MARA price target to $20 from $24 and maintained its hold rating on the shares. Mining profitability rose in December as the rally in bitcoin outpaced the rise in the network hashrate, the bank said.https://www.coindesk.com/markets/2025/01/10/u-s-listed-bitcoin-miners-accounted-for-25-of-global-network-in-december-jefferies
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notblox1 (OP)
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February 09, 2025, 10:48:51 PM |
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This report is few days later than usual but state of mining pools didnt change a lot in few days. FoundryUSA is biggest minin pool with 37.5% of hahsrate and it is much bigger than all other pools. AntPool is in the second pool with 14.58% and third place is held by ViaBTC with 12.5% hashrate. F2Pool is fourth biggest pool with almost 10% hashrate and after that we have MARA pool with 6.25% hashrate. All other pools have less than 5% and Binance pool sinked lower to 0.69% hashrate. https://mempool.space/graphs/mining/pools
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notblox1 (OP)
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March 01, 2025, 10:53:05 PM |
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Believe it or not month of March is already here and it is time for another look at the state of bitcoin mining pools. We can see FoundryUSA remains in the first place with 26% hashrate, but big drop is noticed from 37.5% in the last month. Antpool is in the second place with 21% hashrate that is showing increase from last report, than it comes ViaBTC in third palce with 13.77%. F2Pool is not far behind them with 13% hashrate that is nice increase, and than we get to MARA Pool with 6.52% hashrate. All other pools are smaller in size with 5% and lower, and Binance is now at 1.45% hashrate showing small increase from last month. https://mempool.space/graphs/mining/pools
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notblox1 (OP)
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April 02, 2025, 09:41:30 AM |
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Month of April is here and Bitcoin mempool is emptier than ever, I am not joking about  Fees are low and that is a good thing but general small number of transactions is not good. Foundry USA remains biggest pool with almost 30% of hashrate, followed by ViaBTC in second place with 18.83% hashrate. This is one place jump up for ViaBTC but now Antpool is in third place with 15.58% hashrte. F2Pool remained in 4th place but hasharte dropped to 7.79%, just few percents above Mara and Spider pool. All other pools ae below 4% hasharte with Binance pool increasing hashrate from last month from 1.45% to 2.6%. https://mempool.space/graphs/mining/pools
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safar1980
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May 04, 2025, 03:47:22 PM |
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Cambridge study: sustainable energy rising in Bitcoin mining The use of sustainable energy sources for Bitcoin mining has grown to 52.4%, while natural gas has replaced coal as the single largest energy source, finds a new study by the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School. The ‘Cambridge Digital Mining Industry Report’ says the 52.4% use of sustainable energy sources for Bitcoin mining, which includes 9.8% nuclear and 42.6% renewables such as hydropower and wind, compares to a 2022 estimate of 37.6% overall sustainable energy use. The report issued today (28 April) also finds that natural gas, at 38.2% (up from 25.0% in 2022), has replaced coal (now 8.9%, down from 36.6% in 2022) as the single largest energy source used in Bitcoin mining. Based on the reported data, which represents 48% of global mining activity, the study estimates Bitcoin’s annual electricity consumption at 138 TWh (terawatt-hours), or about 0.5% of global consumption, and corresponding network-wide emissions at 39.8 MtCO2e (megatonns of carbon dioxide equivalent). The data further highlights the crucial role North America plays in the digital mining industry, with the US at 75.4% of total reported Bitcoin mining activity followed by Canada at 7.1%.
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philipma1957
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May 05, 2025, 02:58:29 AM |
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Cambridge study: sustainable energy rising in Bitcoin mining The use of sustainable energy sources for Bitcoin mining has grown to 52.4%, while natural gas has replaced coal as the single largest energy source, finds a new study by the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School. The ‘Cambridge Digital Mining Industry Report’ says the 52.4% use of sustainable energy sources for Bitcoin mining, which includes 9.8% nuclear and 42.6% renewables such as hydropower and wind, compares to a 2022 estimate of 37.6% overall sustainable energy use. The report issued today (28 April) also finds that natural gas, at 38.2% (up from 25.0% in 2022), has replaced coal (now 8.9%, down from 36.6% in 2022) as the single largest energy source used in Bitcoin mining. Based on the reported data, which represents 48% of global mining activity, the study estimates Bitcoin’s annual electricity consumption at 138 TWh (terawatt-hours), or about 0.5% of global consumption, and corresponding network-wide emissions at 39.8 MtCO2e (megatonns of carbon dioxide equivalent). The data further highlights the crucial role North America plays in the digital mining industry, with the US at 75.4% of total reported Bitcoin mining activity followed by Canada at 7.1%. boy if trump bans mining btc will take a big dump
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FP91G
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May 06, 2025, 07:22:07 PM |
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Cambridge study: sustainable energy rising in Bitcoin mining The use of sustainable energy sources for Bitcoin mining has grown to 52.4%, while natural gas has replaced coal as the single largest energy source, finds a new study by the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School. The ‘Cambridge Digital Mining Industry Report’ says the 52.4% use of sustainable energy sources for Bitcoin mining, which includes 9.8% nuclear and 42.6% renewables such as hydropower and wind, compares to a 2022 estimate of 37.6% overall sustainable energy use. The report issued today (28 April) also finds that natural gas, at 38.2% (up from 25.0% in 2022), has replaced coal (now 8.9%, down from 36.6% in 2022) as the single largest energy source used in Bitcoin mining. Based on the reported data, which represents 48% of global mining activity, the study estimates Bitcoin’s annual electricity consumption at 138 TWh (terawatt-hours), or about 0.5% of global consumption, and corresponding network-wide emissions at 39.8 MtCO2e (megatonns of carbon dioxide equivalent). The data further highlights the crucial role North America plays in the digital mining industry, with the US at 75.4% of total reported Bitcoin mining activity followed by Canada at 7.1%. boy if trump bans mining btc will take a big dump I read that there were many assassination attempts on Trump, do you want mining companies to be among the organizers of the assassination attempts? In Russia, mining is also banned in many regions, but there are 2 large mining locations nearby. 1 location is closed, and the second location continues to operate, because the share of the family of a major official green energy. Green energy is there for the sake of appearances, in order to obtain legal permission.
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notblox1 (OP)
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May 10, 2025, 09:06:04 AM |
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Month of May arrived and I am few days late for this month report, sorry about that. FoundryUSA remains biggest mining pool with over 36% of hashrate, that is increase from last month. AntPool takes the second place this time with almost 18% of hashrate, they jumped significantly from last month. This first two pools combined have 54-48% of the total hashrate, and after them it is ViaBTC with 11.72% hashrate. F2Pool is fourth biggest pool with only 6.9% hashrate, with alkl other pools having less than 5% hashrate. Binance pool is down again with only 1.38% hashrate, they are just surviving here. https://mempool.space/graphs/mining/pools
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safar1980
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May 16, 2025, 02:00:45 PM |
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Cambridge study: sustainable energy rising in Bitcoin mining The use of sustainable energy sources for Bitcoin mining has grown to 52.4%, while natural gas has replaced coal as the single largest energy source, finds a new study by the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School. The ‘Cambridge Digital Mining Industry Report’ says the 52.4% use of sustainable energy sources for Bitcoin mining, which includes 9.8% nuclear and 42.6% renewables such as hydropower and wind, compares to a 2022 estimate of 37.6% overall sustainable energy use. The report issued today (28 April) also finds that natural gas, at 38.2% (up from 25.0% in 2022), has replaced coal (now 8.9%, down from 36.6% in 2022) as the single largest energy source used in Bitcoin mining. Based on the reported data, which represents 48% of global mining activity, the study estimates Bitcoin’s annual electricity consumption at 138 TWh (terawatt-hours), or about 0.5% of global consumption, and corresponding network-wide emissions at 39.8 MtCO2e (megatonns of carbon dioxide equivalent). The data further highlights the crucial role North America plays in the digital mining industry, with the US at 75.4% of total reported Bitcoin mining activity followed by Canada at 7.1%. boy if trump bans mining btc will take a big dump I read that there were many assassination attempts on Trump, do you want mining companies to be among the organizers of the assassination attempts? In Russia, mining is also banned in many regions, but there are 2 large mining locations nearby. 1 location is closed, and the second location continues to operate, because the share of the family of a major official green energy. Green energy is there for the sake of appearances, in order to obtain legal permission. Top 10 Bitcoin Mining Countries of 20251.The United States of America -36% Est. Global Hashrate market share | December 2024 2.Russia -16% Est. Global Hashrate market share | December 2024 3.China-14% Est. Global Hashrate market share | December 2024 4.Paraguay -3.5% Est. Global Hashrate market share | December 2024 5.Canada -3% Est. Global Hashrate market share | December 2024
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eb66
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One day, I feel this event will be seen as a canary in the coal mine. Today most hashrate goes to Foundry or Antpool (or its vassal pools), backed by financial bindings to those pools in the form of loan covenants and other contract instruments. The common refrain of "The miner can just switch if there's a censorship attempt" no longer holds water, as who is the miner here? It isn't a cypherpunk with some rigs in their garage... Miners are business owners, with skin in the game and financial obligations, and they can't break contracts and stay in business. Bitcoin has proven it is able to overcome real challenges when they become clear and present dangers - eg blocksize war - and so maybe it will require a direct threat and real censorship to lead to change in pool distribution. When it does happen, we will look back and see the signs leading up to it.
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notblox1 (OP)
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Month of June is here and this is time for another overview of bitcoin mining pools. First place belongs to FoundryUSA pool with 36.73% of hashrate, that is very similar like last month. AntPool remains second biggest pool but hashrate reduced to 12.24% this month, and ViaBTC and F2pool are not far behind them and they have the same 11.56% hashrate each. All other pools are much smaller and they have bellow 5% hashrate, and Binance pool has 2% this month. https://mempool.space/graphs/mining/pools
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VashaUdacha777
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_C_A_R_P_E _D_I_E_M_
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June 09, 2025, 08:47:42 AM |
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Your concern is valid, and many in the Bitcoin community same  Why Binance Pool's Rapid Growth Is Increasing Excitement When one organization (like Binance) rapidly grows its mining pool, it increases the risk of hashrate centralization.  and this is very bad in my opinion Sir ! 
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ABCbits
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June 09, 2025, 09:29:24 AM |
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--snip--
One day, I feel this event will be seen as a canary in the coal mine. Today most hashrate goes to Foundry or Antpool (or its vassal pools), backed by financial bindings to those pools in the form of loan covenants and other contract instruments. The common refrain of "The miner can just switch if there's a censorship attempt" no longer holds water, as who is the miner here? It isn't a cypherpunk with some rigs in their garage... Miners are business owners, with skin in the game and financial obligations, and they can't break contracts and stay in business. --snip-- It's also worth to mention it may not be trivial to change pool, depending on how exactly they configure/manage their ASIC. Your concern is valid, and many in the Bitcoin community same  Why Binance Pool's Rapid Growth Is Increasing Excitement When one organization (like Binance) rapidly grows its mining pool, it increases the risk of hashrate centralization.  and this is very bad in my opinion Sir !  It looks like you only read OP's thread and somehow missed OP most recent post (just above yours). Back in 2020, OP mentioned Binance pool have 7% hashrate. But latest data shown by OP state that Binance Pool only have about 2% hashrate.
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notblox1 (OP)
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June 09, 2025, 08:50:43 PM |
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I wanted to add more interesting information here but I decided to create different topic for that. This topic should remain only for showing statistics for Bitcoin mining pools. Your concern is valid, and many in the Bitcoin community same  Why Binance Pool's Rapid Growth Is Increasing Excitement When one organization (like Binance) rapidly grows its mining pool, it increases the risk of hashrate centralization.  and this is very bad in my opinion Sir !  What are you talking about? Binance pool is not growing their mining pool, it is decreased in size to only 2% of hashrate and that is nothing.
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notblox1 (OP)
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It is hot July summer and it is time to check the state of bitcoin mining pools again. FoundryUSA remains the biggest pool with almost 30% hashrate, that is small drop from last month. AntPool is still in second place with almost 18% hashrate, that is increase compared with month of June. ViaBTC is in third place with 13.2% hashrate, and F2Pool is following them with around 11% hashrate. Spider pool with 6.4% is las pool with over 5%, but MARA Pool is righht on the edge with 4.93% hahsrate, and all other pools are smaller in size. https://mempool.space/graphs/mining/pools
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t3xasdolly
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July 08, 2025, 08:15:41 AM |
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Hey, hopping into this thread a bit late, but seeing this original post from 2020 really highlights how much (or how little) some things have changed in crypto!
It's interesting to look back at the concerns about Binance Pool growing so fast back then, especially with the 'rollback' comments. Fast forward to now, and Binance Pool is indeed a massive player, constantly in the top few. The decentralization question around mining pools is still very much alive, even if the specific percentages have shifted.
Do you guys think the concerns from 2020 about centralization in mining pools have actually improved, stayed the same, or even worsened with the current state of the industry? And what's your take on the current distribution now compared to what was happening back then?
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ABCbits
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July 08, 2025, 08:59:56 AM |
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Hey, hopping into this thread a bit late, but seeing this original post from 2020 really highlights how much (or how little) some things have changed in crypto!
It's interesting to look back at the concerns about Binance Pool growing so fast back then, especially with the 'rollback' comments. Fast forward to now, and Binance Pool is indeed a massive player, constantly in the top few. The decentralization question around mining pools is still very much alive, even if the specific percentages have shifted.
Another non-sense statement on this thread. Latest data shown by @notblox1 Binance pool only have 1.58% hashrate while it had around 7% back in 2020 (according to OP statement).
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notblox1 (OP)
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August 20, 2025, 01:10:40 PM Last edit: September 01, 2025, 09:40:21 PM by notblox1 |
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August report is coming later than usual because I was busy, but I am still covering current stat of mining pools. FoundryUSA remain the biggest pool with 25.76% hashrate, and it is followed by Antpool with 21.21% hashrate, so there is no change of positions in first two places. Third place is now taken by F2Pool with 12.88% hashrate and that is nice increase from last moth. SpiderPool is in fourth place with 11.36% and they almost doubled hashrate from last month report. After tham we have ViaBTC with 8.33% and all other pools have less than 5% hashrate, with Binance pool having 1.52%. https://mempool.space/graphs/mining/pools
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notblox1 (OP)
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September 01, 2025, 09:39:59 PM |
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September is here and hot summer temperatures are slowly coming down. FoundryUSA is still the first pool with 23.49% and they are followed by ViaBTC with 16.11% in second place, that is a drop from last month. AntPool is in third place with 15.44% and F2Poll inbehind them with 12.75% hashrate. SpiderPool has 9.4% this month and all other pools have less than 5%, starting with Mara pool with 4.7% Binance Pool has only 1.34% of hashrate. https://mempool.space/graphs/mining/pools
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notblox1 (OP)
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October 07, 2025, 09:50:52 PM |
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Month of October is already here and we are looking at state of bitcoin mining pools again. FoundryUSA remains the biggest pool with over 26% of hasharate, that is slight increase from previous month. AntPool is back in second place with significant increase in hasrate from 15% to 23.74%. F2Pool is in third place and now they have around 13% of hashrate, this is similar to last month. ViaBTC is in 4th place and they had a drop in hashrate to 11.51% hashrate. SpiderPool follows with 7% and all other pools are much smaller in size. Binance pool now has only 1.44% of hahshate, but it is still alive. https://mempool.space/graphs/mining/pools
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