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Home»Mining»A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
Mining

A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards

April 14, 2024No Comments1 Min Read
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Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance Pool, and Braiins are being funneled to this particular custodian. Onchain Data Reveals Single […]

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See also  Here’s why bitcoin’s drop below $68,000 raises the risk of a crash under $60,000
Bitcoins Block custodian Oversees Rewards Single
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