Over the past 30 days, the price of bitcoin has fallen more than 22% against the US dollar, while bitcoin hash rates remained above 200 exahashes per second (EH/s). While 16 known mining pools mined the key crypto asset last month, the top five mining pools held 71.4% of the global hash rate.
Of the 16 pools, the top five acquired most of the bitcoin blocks discovered last month
As May comes to a close, 4,276 bitcoin (BTC) block rewards were found in the past 30 days. Of the 4,276 block rewards found, 26,725 fresh bitcoins have been born into the system. With the network’s hash rate exceeding the 200 EH/s zone, on May 2, 2022, Bitcoin’s hash rate hit an all-time high with a block height of 734,577. according to datafrom coinwarz.com , on that day it reached 275.01 EH/s .
Statistics show that 16 known bitcoin mining pools minedBTCin the past 30 days; BTCwas mined in the past 30 days and a stealth miner known as “unknown” captured approximately 1.03% of the hash rate in the past month. 03% captured. Unknown miners mined about 44 of the 4,276 block rewards found and captured 275 newly minted bitcoins. Further data shows that the top five bitcoin (BTC) mining pools earned 71.4% of the global hashrate last month.
Foundry USA earned the most block rewards last month, with this pool accounting for 21.02% of the global hashrate; Foundry earned 899BTCof the 4,276 rewards; BTCblock rewards and was able to acquire 5,618.75 newly minted bitcoins. The top five bitcoin mining pools by hashrate size are Antpool (14.27%), F2pool (14.27%), Binance Pool (10.87%), and Poolin (10.85%), following Foundry. All five of the aforementioned mining pools accounted for nearly three-quarters of the global hash rates recorded last month.
Several factors are approaching that could change the hashrate distribution, one of which isthe price of BTC. The market cycle seems to be in bear mode, and a drop in the value ofBTCcould shake up small mining pools; a drop in the price of BTCcould shake up small mining pools; and after 700 days, a halving of the mined block means paying 3.125 coins per block, which is today’s 6.25rate of BTCper block.
Finally, during the month of July, bitcoin mining rig makers Bitmain and Microbt will release two new models producing between 126 terahashes per second (TH/s) and 140 TH/s. These two new models will produce higher hash rates per second than most current machines, and pools that can take advantage of them will benefit.
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