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Antpool Surpasses Foundry USA to Become the World’s Largest Bitcoin Mining Pool!

  • AntPool, a Bitcoin mining entity affiliated with Bitmain, has achieved the status of the world’s largest mining pool, surpassing Foundry USA.
  • According to the Hashrate Index, AntPool currently manages approximately 26% of the distribution of Bitcoin mining pools.
  • Recent data provided by Intotheblock indicates an increase in monthly miner revenue generated in November.

AntPool, the Bitcoin mining entity affiliated with Bitmain, has achieved the success of becoming the world’s largest mining pool.

Antpool Achieved to Become the Largest in the World

Bitcoin-BTC

Antpool, the Bitcoin mining entity associated with Bitmain, has become the largest mining pool for BTC mining, surpassing Foundry USA. According to data provided by MinerMag, Antpool mined 1,219 blocks in November, slightly more than Foundry USA’s 1,216 blocks.

The total reward for AntPool’s miner clients is 8,672 BTC, after deducting 83.6 BTC in refunds. Foundry USA had been consistently leading since January 2022 until earlier this year. The increase in AntPool’s hash rate has been a trend observed since June and includes shipments of over 4,800 metric tons of Antminer S19XP and S19XP Hydro to its branch in the United States.

According to the Hashrate Index, AntPool currently manages approximately 26% of the distribution of Bitcoin mining pools. The previously dominant Foundry USA regulates a 25% market share.

Despite AntPool’s rise to the top in mining, compiled data reveals an interesting detail – the reported real-time hash rate by AntPool has consistently lagged behind Foundry USA over the past three months.

Mining Pool Mix

Recent data provided by Intotheblock indicates an increase in monthly miner revenue generated in November, totaling around $1.01 billion in incentives collected from all miners. In contrast, transaction fees paid for Bitcoin transactions amount to approximately $142 million.

On November 23, some users paid a fee of 83 BTC. AntPool announced that it would refund the highest fee payment, totaling $3 million, incurred last week due to a potential user error in managing transaction fees.

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Celal Mutlu
Celal Mutluhttps://coinotag.com/
Celal Mutlu is a young Satoshi reflection at the age of 21. His favorite characters are CZ and Vitalik, and he has a great sense of humor. Celal is a keen follower of developments in the world of cryptocurrency and keeps up with the latest news and trends.
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