Over 53% Of The Total Hashrate Of Bitcoin Is Controlled By Mining Pools
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week to above the 300 exahash range after several bitcoin mining operations from Texas temporarily went offline on Dec. 25, 2022. Furthermore, three-day hashrate distribution statistics recorded on Dec. 29, 2022, indicate that two mining pools command more than 50% of the global hashrate. On the evening of December 28, 2022, the Bitcoin (BTC) network’s computational processing power increased to a range of 300 EH/s. On December 28, 2022, three days before the surge, Texas-based bitcoin miners reduced their hashrate to a low of 170 EH/s.
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