Report: 10 of the 15 largest mining pools have been consolidating their Coinbase block rewards since early 2022
According to a recent report from Miner Mag, since the beginning of 2022, 10 out of the top 15 mining pools have been merging their Coinbase block rewards. This trend includes well-known pools such as Binance Pool, BTC.com, and Braiins Pool.
AntPool is the only pool that has been sending rewards to a specific output address since March 2022. As of December, AntPool has mined 26.6% of the blocks, while Binance Pool and other pools occupy a large portion of the remaining share. AntPool became the highest-earning company in November, but this month Foundry USA is leading with 28.78% of the total hashrate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tax on Bitcoin (BTC) and Cryptocurrencies from Russia!
The Russian Federation Council has approved a new tax bill for cryptocurrency mining and trading.
Tornado Cash Decision from the US Will Benefit These Altcoins the Most!
10X Research founder Markus Thielen assessed the impact of the Tornado Cash decision.
Another Country Makes a Move for Bitcoin! The First Step Has Been Taken for a Strategic BTC Reserve!
Vancouver Mayor Ken Sim has announced plans to add Bitcoin to the city's balance sheet in an effort to diversify the city's investment portfolio.
Japan's MicroStrategy Company Announces It Will Generate Resources to Buy More Bitcoin!
Japanese company Metaplanet has announced plans to raise up to 9.5 billion yen (approximately $62 million USD) in funding.