A Comprehensive Review of Bitcoin’s Historic Block Discovery

Because the inception of the Bitcoin blockchain by Satoshi Nakamoto, the community has diligently processed in extra of 800,000 blocks. An examination of information from 99 distinct mining swimming pools, spanning the earlier 14 years, reveals that unidentified mining contributors found 28.37% of the community’s complete blocks. Trailing not far behind, F2pool secures the second place, having discovered simply barely greater than 10% of all of the blocks since 2009.

Unknown, F2pool, and Antpool Lead the Pack in Phrases of Variety of Bitcoin Blocks Mined

Over the past yr, Foundry USA has emerged because the prevailing bitcoin (BTC) mining pool, uncovering 15,767 blocks from a complete of 53,703 block rewards since August 12, 2022. Though Foundry has constantly led amongst massive mining swimming pools in current intervals, it ranks ninth in all-time statistics, with a tally of 25,946 blocks as of block top 802,854.

The highest place is occupied by unidentified miners from 99 numerous swimming pools, as recognized by, with unknown miners, together with Satoshi and early miners, having discovered a cumulative 227,800 blocks, or 28.37% of the whole. F2pool instructions the lead as an recognized pool with probably the most blocks mined since 2009, having found 80,364 blocks, roughly 10.01% of the whole.

All-time bitcoin mining pool percentages calculated by blocks, in accordance with

Following carefully, Antpool ranks second to F2pool and third total, with 75,829 blocks, or 9.44% of the whole. The next ranks are crammed by’s mining pool (39,996 blocks), Braiins Pool (39,647 blocks), and Viabtc (33,194 blocks).

The now-inoperative Btc Guild is in seventh place, having discovered 32,935 blocks since 2011 earlier than formally shutting down in June 2015. Regardless of its inactivity for over eight years, Btc Guild’s contributions stay noteworthy. In eighth place, concerning all-time blocks found, stands Poolin with 27,236, whereas Foundry occupies the aforementioned ninth place with its 25,946 blocks.

Following Foundry is, which commenced mining in 2013 and formally halted operations on October 24, 2016. Although it hasn’t mined in years,’s 23,083 blocks considerably outpace the eleventh place holder, Bitfury, a mining pool that, whereas absent up to now yr’s hashrate, has discovered a complete of 19,513 blocks all-time.

Information signifies {that a} tally of 11 swimming pools complete have mined fewer than 50 blocks. Furthermore, roughly 19 swimming pools have mined fewer than 100 blocks, whereas round 80 swimming pools have extracted greater than 100 BTC block rewards. To this point, 92.64% of BTC’s complete provide, or almost 19,455,124.32 BTC, has been mined into circulation. Moreover, Bitcoin’s mining issue has been adjusted 397 instances because the first adjustment at block top 2,016.

Bitcoin hashrate from 948 kilohash per second (KH/s) on January 5, 2009, to the present 387.62 EH/s recorded on August 12, 2023.

At present, BTC miners are committing a staggering 387.62 exahash per second (EH/s), translating to 387,620,000,000,000,000,000 hashes per second (H/s). A mere two days after Bitcoin made its debut, the hashrate hovered round 948,000 hashes per second, or 948 kilohash per second (KH/s). This knowledge reveals that the whole hashrate fortifying the BTC community has ballooned by an astonishing 40,888,185,654,008,340% because the inception of the blockchain.

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