Binance Pool is the fifth largest, with 6.25% of the hash power distribution. The third largest mining pool is F2Pool, with 9%, followed by ViaBTC, which also has a 9% share. Since that time, there have been more developments in the Magic City that involved the first cryptocurrency. The largest is AntPool, with 38% of the network hash power, followed by Foundry USA which has 23% of the hash power distribution over the past 24 hours. A few weeks ago, in our blog we covered the story about the Mayor of Miami Francis Suarez weighting the possibility of converting a part of the citys treasury to Bitcoin.
Bitcoin Mining Ecosystem OutlookĪccording to, Bitcoin mining is dominated by four major pools. The platform plans to launch additional phases of Bitcoin decentralization improvements and upgrades in 2024.Įarlier this month, CryptoPotato reported on the solid performance of Jack Dorsey’s payments firm, Block.
Jack Dorsey also noted, “When I see a project that is good for Bitcoin broadly, and that’s also good for me and my companies personally, it becomes a simple decision for me, and I’m happy to be a part of it.” “Our contribution to OCEAN comes out of a deep respect for their mission,” added Jack Dorsey.Ĭoming up next – special announcement from Tune in to watch live!īy offering transparency and a mechanism for miners to be paid directly by Bitcoin itself, “we make the network radically more robust,” added OCEAN’s Global Head of Sales, the pseudonymous ‘Bitcoin Mechanic.’Īfter it launches, OCEAN plans to enable independent block template construction so miners can participate in the pool while still constructing their own blocks.