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Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High – Mining Bitcoin News

by The Dao Makers
December 24, 2022
in Mining
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As the brand new yr approaches, greater than a dozen bitcoin mining swimming pools nonetheless dedicate a complete of 238 exahash per second (EH/s) towards the Bitcoin blockchain with a view to safe the community and reap mining rewards. Statistics point out that the mining pool Foundry USA found essentially the most block rewards this yr, because the operation discovered 11,779 bitcoin blocks out of the 53,240 rewards mined over the last one year.

Extra Than 53K Bitcoin Block Rewards Found in 2022, Prime 5 Mining Swimming pools Mined a Whole of 39,545 Blocks

On Thursday, Dec. 22, 2022, metrics present that 53,240 blocks had been mined this yr and a complete of 23 identified mining swimming pools found the block subsidies. Presently, bitcoin’s worth and excessive mining problem score are making it awfully onerous for miners to revenue on the finish of the yr.

Information signifies that the typical BTC mining price in keeping with metrics from macromicro.me is round $18,816 per unit, whereas BTC’s common spot market worth in U.S. {dollars} is $16,800 per unit. The discrepancies between the price of BTC manufacturing and BTC’s spot market worth have been a troublesome actuality for miners since mid-June 2022.

Previous to mid-June 2022, BTC’s spot market worth was properly above the typical price of manufacturing since mid-Nov. 2020. 12-month metrics present that in 2022, Foundry USA obtained essentially the most blocks with 11,779 recorded.

Three of these blocks had been empty blocks, and Foundry’s block discovery signifies that it represented 22.12% of the community’s hashrate this yr. 2022 was an excellent yr for Antpool when it comes to discovering BTC blocks during the last 12 months.

Antpool discovered 8,560 block rewards in the course of the previous one year and 22 of them had been empty blocks. Antpool’s 12-month metrics present the pool’s hashrate this yr represented 16.08% of the entire community.

F2pool managed to carry down the third largest mining pool place in 2022 with 14.72% of the yr’s complete hashrate. F2pool gained a complete of seven,837 out of the 53,240 blocks discovered and 28 had been empty blocks.

Binance Pool discovered 6,175 BTC blocks in 2022 which equates to 11.60% of the yr’s complete hashrate. Viabtc clocked in at 9.76% of the hashrate because the pool attained 5,194 of this yr’s blocks.

Calculations present that the highest 5 mining swimming pools mined a complete of 39,545 of this yr’s 53,240 blocks found, or 74.28% of the entire hashrate. Different notable bitcoin mining swimming pools within the prime ten standings in 2022 embrace Poolin, Braiins Pool, Btc.com, Luxor, and SBI Crypto, respectively.

These 5 swimming pools accounted for 22.62% of the entire hashrate during the last one year. Unknown hashrate, in any other case often called stealth miners, accounted for 1.45% of the hashrate over the last 12 months, discovering roughly 771 bitcoin block rewards.

On Dec. 23, 2021, Bitcoin’s complete hashrate was round 184 EH/s or 184,000 petahash per second (PH/s). Roughly round that point, inside a three-day radius, Foundry had round 30.93 EH/s and in the present day the pool has round 75 EH/s.

F2pool had round 27.88 EH/s and now has round 29.20 EH/s, whereas Antpool had 25.59 EH/s in comparison with in the present day’s 48.09 EH/s. Moreover the rise of round 29.35% from a yr in the past in the present day in total hashrate from 184 EH/s to 238 EH/s, the Bitcoin community additionally tapped a lifetime excessive when it comes to complete hashrate.

Statistics present that on Nov. 12, 2022, at block peak 762,845, the entire hashrate tapped a excessive of round 347.16 EH/s. The 347.16 EH/s lifetime document equates to 0.347 zettahash per second (ZH/s).

It additionally turned much more troublesome to discover a bitcoin block this yr, because the mining problem jumped from 24.37 trillion to in the present day’s 35.36 trillion. The mining problem score additionally tapped an all-time excessive this yr at 36.84 trillion after block peak 760,032 and the 2 weeks that adopted.

The community recorded these feats regardless of the decrease costs over the last 12 months in comparison with final yr’s bitcoin bull run. 2022 noticed numerous newly launched bitcoin mining rigs that packed an entire lot extra hashpower per watt.

Bitmain launched the Antminer S19 XP Hyd., which boasts round 255 terahash per second (TH/s). The corporate additionally launched the Antminer S19 XP with 140 TH/s. Canaan launched the Avalon A1366 bitcoin mining machine, which produces round 130 TH/s. There’s additionally the Microbt Whatsminer M50S bitcoin mining rig that produces round 126 TH/s.

Tags on this story

Antpool, Binance Pool, bitcoin blocks, Bitcoin mining, Braiins Pool, BTC Mining, BTC.com, Coinwarz.com, problem, problem ATH, EH/s, Exahash, F2Pool, Foundry USA, Hashrate, hashrate ATH, Luxor, Macromicro.me, Petahash, PH/s, Poolin, Sbi Crypto, Stealth Miners, Terahash, TH/s, complete hashrate, Unknown Hash, ViaBTC

What do you consider the final 12 months of bitcoin mining? Tell us what you consider this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising in the present day.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, editorial picture credit score: Btc.com, coinwarz.com, macromicro.me,

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, immediately or not directly, for any injury or loss triggered or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about on this article.

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