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Author Topic: Bitcoin Mining History  (Read 844 times)
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October 21, 2024, 01:57:00 AM
 #21

Statistics of blocks found by Solo CK Pool, a Bitcoin mining pool for Solo miners.
https://mempool.space/mining/pool/solock

When solo miners found a Bitcoin block with a chart of Bitcoin solo-mined blocks from 2014 to 2024. 2014 is a year of Solo CK Pool birthday.

A first block mined by Solo CK pool is Block #321919 at 2014-09-22 05:15:51.

A better resolution chart file.


R


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March 25, 2025, 03:57:20 PM
 #22

Bitcoin network is lively and grows up sharply in total hashrates but there is still a super lucky solo miner.

A solo Bitcoin miner wins $266k reward in this block 888737. Very high blockchain difficulty could not prevent this lucky solo miner to find that block and get a big fortune in a single lucky day.

https://mempool.space/block/00000000000000000000b7070e88525e4064ab36df7cfbe34d785bbc6eb491ea

By the way, let's use this chance to read about Bitcoin mining history.

R


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March 25, 2025, 10:32:14 PM
 #23

Ah, the good old days when you could mine few BTC in 10 mins using your laptop cpu. And then having thousands and waiting for that $1 price so you get "rich", lol.
Makes you wanna cry when you think about it

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March 27, 2025, 11:41:30 AM
 #24

Ah, the good old days when you could mine few BTC in 10 mins using your laptop cpu. And then having thousands and waiting for that $1 price so you get "rich", lol.
Makes you wanna cry when you think about it
They define rich differently with time and in 2025, many people think and share their thinking like you will no longer get rich with Bitcoin at this price and in future. I really can not absorb this thinking that is not true because in my opinion if you invest your money in Bitcoin, and get good profit, you get rich. It's about rich, profit means richer, and very good profit means you are getting richer a lot.

I hope people who think about Bitcoin like this won't ignore Bitcoin and invest in altcoins or meme tokens.

R


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May 06, 2025, 04:37:38 AM
 #25

After about one year, checking a dashboard of Ocean mining pool, it has been growing up a lot from total hash rate, total participants and its Bitcoin found blocks. You can see their dashboard and its mining pool growth there.
https://ocean.xyz/dashboard

Since March 2025, its mining pool total hashrate has grown up considerable and the pool finds new Bitcoin blocks nearly every day.

R


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May 06, 2025, 11:03:54 AM
 #26

After about one year, checking a dashboard of Ocean mining pool, it has been growing up a lot from total hash rate, total participants and its Bitcoin found blocks. You can see their dashboard and its mining pool growth there.
They were one of the few who tried doing something against ordinals by censoring these types of transactions in their pool and regardless of that no longer being the case, I'm happy to witness its gradual growth.
- BTW, on "BiTBO" there are many mining charts that might come in handy (click on the mining tab on the side to reveal a hidden sidebar with tools & charts).

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.Duelbits PREDICT..
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.WHERE EVERYTHING IS A MARKET..
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Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
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May 06, 2025, 10:28:39 PM
 #27

After about one year, checking a dashboard of Ocean mining pool, it has been growing up a lot from total hash rate, total participants and its Bitcoin found blocks. You can see their dashboard and its mining pool growth there.
https://ocean.xyz/dashboard

Since March 2025, its mining pool total hashrate has grown up considerable and the pool finds new Bitcoin blocks nearly every day.
Obviously, Bitcoin has been around for 16 years and since then, how many times has its price increased and how many times has it gone down and so far its price is at $94k, which is why its results are quite good and quite impressive. Yes, everything is clear here, so we can know everything clearly.

These days it has gone down a lot, if we look at its graph, it has gone down a lot, but at this time it is at its position and if we look at its last high, it was $108k, which everyone knows. So far it has not gone to a price that anyone can get here.

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September 01, 2025, 09:18:57 AM
 #28

The famous @0xb10c Bitcoin developer has a blog post that relates to Bitcoin mining observations and is part of Bitcoin mining history. I would like to add a link to that blog post here as well as some points taken from it.

Bitcoin mining centralization in 2025.

Some big answers and also insights
Quote
How many distinct block template producers exist?
We can’t know, but we know that six block template producers mine more than 95% of the blocks.

Are there pools with 40% of the hashrate today?
No, but it’s assumed that AntPool & friends controlled about 40% of the network hashrate in 2023 and throughout the first half of 2024. Foundry had about 35% in early 2025. Currently, AntPool & Foundry each have more than 30% of the hashrate.

How centralized is Bitcoin mining today?
According to the Mining Centralization Index, Bitcoin mining was most decentralized for a short period in May 2017. 2019 to 2022 was also a good period. Starting in 2023, Bitcoin mining has become more and more centralized, especially with large pools like Foundry and proxy pooling a la AntPool & friends.

Bitcoin network hashrate distributions are not big different than past years when there were times with a big Bitcoin mining pool and "friend" pools can have sum hashrate percent to over 40% or 51% but there has been never 51% attacks on Bitcoin blockchain. It has never happened as it certainly does not bring any benefit to any pools that do such 51% attack.

R


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