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    Chinese Mining Pools Take Up 90% Of The Global Hashpower

    According to real-time statistics shown on BTC.COM, the numbers indicating hashpower of the most popular pools are changing constantly. BTC.COM tops the hashpower ranking with a share around 29%, 15% higher than its runner-up Antpool. The top five takes up nearly 75% of the total hashpower, and 8 out of the top ten are Chinese. Among […]

    What is a Mining Pool?

    Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power. While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner. Miners can, however, choose to redirect […]