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Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month – Mining Bitcoin News

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month


During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools retained 71.4% of the global hashrate.

Out of 16 Pools, the Top Five Acquired Most of the Bitcoin Blocks Found Last Month

The month of May is over and during the last 30 days 4,276 bitcoin (BTC) block rewards were found. Out of the 4,276 block rewards found, 26,725 freshly minted bitcoins were born into the system. While the network’s hashrate has been above the 200 EH/s zone, on May 2, 2022, Bitcoin’s hashrate hit an all-time high at block height 734,577. On that day it reached 275.01 EH/s, according to coinwarz.com data.

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month
One-month statistics according to btc.com pool distribution metrics.

Statistics show that 16 known bitcoin mining pools mined BTC during the past 30 days and stealth miners, otherwise known as “unknown,” captured roughly 1.03% of the hashrate during the last month. Unknown miners mined approximately 44 block rewards out of the 4,276 found, scoring 275 freshly minted bitcoin. Data further shows that the top five bitcoin (BTC) mining pools captured 71.4% of the global hashrate last month.

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month
One-month statistics according to btc.com pool distribution metrics.

Foundry USA scored the most block rewards last month, as the pool represented 21.02% of the global hashrate. Foundry obtained 899 BTC block rewards out of the 4,276 rewards and was able to acquire 5,618.75 newly minted bitcoins. Foundry is followed by Antpool (14.27%), F2pool (14.27%), Binance Pool (10.87%), and Poolin (10.85%) in terms of the top five bitcoin mining pools by hashrate size. All five of the aforementioned mining pools make up close to three-quarters of the global hashrate recorded last month.

A few factors are approaching that could change the hashrate distribution and one…

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