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

Mining

As the brand new 12 months approaches, greater than a dozen bitcoin mining swimming pools nonetheless dedicate a complete of 238 exahash per second (EH/s) towards the Bitcoin blockchain so as to safe the community and reap mining rewards. Statistics point out that the mining pool Foundry USA found essentially the most block rewards this 12 months, because the operation discovered 11,779 bitcoin blocks out of the 53,240 rewards mined over the last 12 months.

Extra Than 53K Bitcoin Block Rewards Found in 2022, High 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 12 months and a complete of 23 recognized mining swimming pools found the block subsidies. Presently, bitcoin’s value and excessive mining issue ranking are making it awfully laborious for miners to revenue on the finish of the 12 months.

Knowledge signifies that the common 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 effectively above the common 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 12 months. 2022 was 12 months for Antpool by way of discovering BTC blocks over the past 12 months.

Antpool discovered 8,560 block rewards through the previous 12 months and 22 of them had been empty blocks. Antpool’s 12-month metrics present the pool’s hashrate this 12 months represented 16.08% of the overall community.

F2pool managed to carry down the third largest mining pool place in 2022 with 14.72% of the 12 months’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 12 months’s complete hashrate. Viabtc clocked in at 9.76% of the hashrate because the pool attained 5,194 of this 12 months’s blocks.

Calculations present that the highest 5 mining swimming pools mined a complete of 39,545 of this 12 months’s 53,240 blocks found, or 74.28% of the overall hashrate. Different notable bitcoin mining swimming pools within the high 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 overall hashrate over the past 12 months. 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 right now 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 right now’s 48.09 EH/s. Moreover the rise of round 29.35% from a 12 months in the past right now in general hashrate from 184 EH/s to 238 EH/s, the Bitcoin community additionally tapped a lifetime excessive by way of complete hashrate.

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

It additionally grew to become much more tough to discover a bitcoin block this 12 months, because the mining issue jumped from 24.37 trillion to right now’s 35.36 trillion. The mining issue ranking additionally tapped an all-time excessive this 12 months at 36.84 trillion after block top 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 12 months’s bitcoin bull run. 2022 noticed various newly launched bitcoin mining rigs that packed a complete 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 system, which produces round 130 TH/s. There’s additionally the Microbt Whatsminer M50S bitcoin mining rig that produces round 126 TH/s.