of centralization this week. On Dec. 29, the mining pool Foundry USA controls 31.45% of the total hashrate, and Antpool commands 21.87% of the current 250.57 EH/s on Thursday morning . Between both mining pools, Antpool and Foundry command 53.32% ofF2pool has around 14.25% of the hashrate, and Viabtc has around 9.34% of the total on Dec. 29. Between all three top pools, Foundry, Antpool, and F2pool have around 67.57% of the total, and all four mining pools with Viabtc command around 76.
Block generation times have been faster than the 10-minute average on a few occasions at 9:33 minutes, but a great majority of recent block intervals have been above the 10-minute average at around 10:54 minutes. At the time of writing, the most profitable SHA256 bitcoin mining machine is the Bitmain Antminer S19 XP Hyd. with 255 terahash per second of hashpower.
GPU mining for BTC is needed!
Just imagine if something will happen to these pools...
So we are centralized again. BitcoinConnect! Patrick_Seller
😯😯😯😯
Wow, talk about centralization! It's alarming to see that just two mining pools have such a large portion of the global hashrate. Let's hope that decentralization efforts can help to balance out the power dynamics within the bitcoin network.
😃😃
Let’s build the world with Bitcoin. TwitFi
saylor PrestonPysh LynAldenContact edstromandrew is this of concern?
Pool party!
Don't forget the lighting network that bypasses the need for mining
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There's a Bitcoin based bank
Bitcoin
Amazing personality with great leadership qualities CryptoMGray I believed in his mentorship and success followed. A very reasonable amount that I can't even get from my current job, I guess someone might need his help as well. No better joy than making positive steps.
yea!
🚀Thankss a millon!
Good call!
If you really know how to invest and understand BTC, you have the opportunity to gain wealth. Traditionally holding BTC will no longer earn you wealth. Contract trading allows you to find opportunities~ I hope to help more investors get this opportunity~
A mining pool is just that, a public group of miners working in unison. Its not one entity.
If you truly understand bitcoin, then the price shouldn’t bother you instead it should excite you as it’s a golden opportunity to buy and hodl. That should be your bear market strategy. Everyone should follow Bnb_7h she’s a super underrated bitcoiner. I’ve been doing great.
blocktrainer Fud? 🤔🤨 Wäre cool wenn du das im nächsten Video ansprichst. 🤲💎
So it's so called decentralized
They “command” it? At any moment, the miners could leave. They don’t command shit.
Those who understand Bitcoin, ETH know the biggest opportunity for accumulation exists during bear markets. Buy & Hodl. Remember the bull run is inevitable. However everyone should follow Ej_999p she’s a super underrated bitcoiner. Superb Tips, I’ve been doing great.
Hodling Bitcoin is like winning the lottery in slow motion. The pump will always happen if you wait long enough. Y’all should follow x87_HL she knows her stuff when it comes to Bitcoin & other cryptocurrency, thanks for taken your time to educate us all in the field.
And we say Bitcoin is truly decentralised. $Btc has its flaws as well.
Bitcoin prices might be volatile but it’s value the same Now is a perfect opportunity to accumulate at cheap prices. Remember the bull run is preordained However everyone should follow 21_sats she’s a super underrated bitcoiner. Superb Tips, I’ve been doing great ETH
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Brilliant, but using ChiefraFba for signals and analysis
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