BitFuFu secures a $100 million Bitcoin-backed loan from Antpool Technologies for corporate purposes.
Significant shifts in Bitcoin hashrate dominance are observed as Antpool surpasses Foundry USA, reflecting the pivotal roles of U.S. and Chinese mining pools.
China's AntPool mined 31% of all new Bitcoins in the past 24 hours, overtaking U.S.-based Foundry USA. This raises concerns about centralization and its impact on Bitcoin's security.
Bitcoin miners are earning an extra $495 per block through the Fractal Bitcoin network using merged mining, despite a 97% drop in BTC mining profitability this year.
Mergers and acquisitions in Bitcoin mining have surpassed $820M in 2024, leading to significant centralization, especially among FPPS pools Foundry USA and Antpool, which control over 50% of the global hashrate.
47% of Bitcoin's hashrate is controlled by Cobo, raising concerns about decentralization and security. Major pools like AntPool, F2Pool, and Binance Pool route payouts through Cobo, consolidating control. Proxy pools also contribute to centralization, undermining Bitcoin's decentralization.
FPPS payout model is centralizing Bitcoin mining, with Foundry USA and Antpool controlling over 50% of the hashrate in 2024, raising concerns about Bitcoin network security and decentralization.
AntPool leads in Fractal Mainnet's merged mining with 5.431 EH/s, mining 327 blocks in 24 hours.
Fractal Mainnet's total mining power reached 47 EH/s, marking significant growth in decentralized networks.
Fractal Bitcoin captures over 240 EH/s of Bitcoin's hashrate within 24 hours of launch, leveraging joint mining to increase efficiency by using the same hardware for multiple blockchains.
Bitcoin miners experienced their toughest month in August 2024 with earnings dropping significantly. Revenue fell by $99.75 million from July, totaling $851.36 million. Transaction fees also decreased, and April’s Bitcoin halving further tightened profits. Foundry USA and Antpool dominated, mining over half of the blocks.
Bitcoin miners are facing tougher times as difficulty levels hit near-record highs of 89.47 trillion. Revenues are declining, with hashprice falling to just over $42 per day. The competition is fierce, centralization is growing, and major firms are seeking cost-cutting measures.
AntPool introduces a BTC-denominated Fixed Income product for Bitcoin miners, designed to offer stable and higher returns, with features like automatic reinvestment and flexible redemption options.
Foundry and Antpool control 56.7% of the global Bitcoin hashrate, raising centralization concerns. Transaction fee spikes benefited these pools, leading to higher mining outputs.
AntPool launches $BELLS merged mining for Scrypt miners on August 23, 2024, allowing rewards in $LTC, $DOGE, and $BELLS simultaneously.
Foundry USA and AntPool dominate Bitcoin mining, controlling 57% of hashrate, raising centralization concerns within the crypto community.
Foundry and Antpool have emerged as dominant forces in the Bitcoin mining landscape, leading in block discoveries between August 24-27, 2024.
Foundry USA and Antpool dominate Bitcoin mining, controlling 56.7% of the network’s hashrate. Foundry’s hashrate increased by 75 EH/s this year.
Antpool offers no-fee Alephium ($ALPH) mining until September 2024, enabling miners to maximize their profits without pool commissions.
Bitcoin block 857,911 brought $1.12 million to Antpool as miners benefited from a fee windfall. Transaction fees surged over $100 before dropping to $0.34 by evening.
Antpool has announced support for mining Alephium ($ALPH), enhancing the $ALPH ecosystem and network security while driving decentralization and innovation in blockchain.
Bitcoin mining revenues hit a new low in July 2024, with miners earning $951.11 million, driven by a drop in hashprice and low transaction fees. This marked a challenging month for the industry.
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Foundry USA and Antpool now control nearly 60% of the Bitcoin mining pool market, raising concerns about centralization risks in the Bitcoin network.
Conflict arises between AntPool and Foundry, with AntPool losing and Foundry gaining an advantage.
Foundry won against AntPool's competing block by switching to their own block.
Three Bitcoin mining pools control 69% of the total hashrate, discovering 301 blocks in 72 hours. Foundry USA and Antpool account for 55.5% of Bitcoin's computational power, with Foundry mining 15,651 blocks out of 53,528 in a year.
Bitcoin miner revenue dropped by 46.15% in May, from $1.79 billion in April to $964.24 million. The decline emphasizes market volatility, despite a hashprice increase. Foundry USA led in block discovery, and the hashrate fell from a high of 656 EH/s to below 600 EH/s.
Earlier today, AntPool and Foundry found a block at height 845869.
AntPool and Foundry USA, controlling over 50% of Bitcoin's hash rate as of May, could pose a future threat to Bitcoin users.
Bitcoin analyst 0xB10C suggests AntPool/Bitmain is causing mining centralization by acting as a 'pool of pools'.
