Two Bitcoin mining pools mined over 51% of all BTC in the last 3 years
3 Articles
3 Articles


Centralization alert: Two Bitcoin mining pools mined over 51% of all BTC in the last 3 years
Bitcoin (BTC) is often praised as the most decentralized cryptocurrency by its supporters, but the truth could be something else. Onchain data shows that only two Bitcoin mining pools mined over 51% of all BTC in the last three years. Here is why it matters and could raise a centralization alert for the leading blockchain network. Finbold retrieved this information from mempool.space, a Bitcoin data aggregator and block explorer, gathered direct…
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