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Competition Among Bitcoin Miners Is Intensifying: It’s At Its Top!

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Bitmain-affiliated Antpool mining pool has become the largest pool on the Bitcoin blockchain, displacing US-based Foundry.

According to the information shared by MinerMag, Foundry, affiliated with Digital Currency Group, is Another pool for the first time after January 2022 fell behind and lost the top spot.

According to Blockchain data, Antpool 1,219 blocks within a month by producing producing 1,216 blocks He had a small lead over Foundry.

Two mining pools, Transaction fee of 83.5 BTC If not included, total among themselves 8,672 Bitcoins received an award.

As cryptocurrency mining began to rise in North America after the obstacles imposed by China in 2021, Foundry USA also increased its market share.

According to CpyotQuant’s analysis, the competition between Antpool and Foundry has begun to intensify recently. These two represent 53.4% ​​of the total hash rate on the blockchain. CryptoQuant analyst Bradley Park made the following assessment:

“As the Bitcoin halving approaches, I expect competition between the US and China to increase in terms of productivity of mining devices. Because as electricity costs and mining difficulty increase, the unit cost of Bitcoin mining will probably increase.”

source site-9

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