Bitcoin’s The hash rate rose from 170 exahash/second (EH/s) to well over 300 exahash after a few weeks. Texas Bitcoin mining operations had to temporarily stop operation on December 25, 2022. In In addition, Hashrate Distribution statistics from December 29:2022 show that two mining groups control more than 50% global hashrate.
Two mining entities produce more than half of the world’s hashrate. Bitcoin Mining difficulty is expected to fall significantly in the next 5 days
The The processing power behind Bitcoin (BTC), network jumped to 300 EH/s on the night of December 28, 2022. Three Days before the surge, BTC hadhrate had dropped to a low point of 170 EH/s on December 28. On February 28, 2022 Texas To reduce the load on the bitcoin network, miners have reduced their hashing capacities.
Most The SHA256 hashpower was also returned that day. Bitcoin.com News Reports indicate that it has returned to 240 EH/s at 12:00 PM (ET). Following Wednesday’s jump above 300 EH/s, Thursday’s Statistic shows that the total network hashrate is at 250.57 EH/s. FurthermoreTwo mining pools have captured more than half of the total hashrate over the past three days.
Of This has, of course, caused criticism You can also access the internet at accusations This week: Centralization As Of December 29, mining pool Foundry USA holds 31.45% total hashrate. Antpool 21.87% controls the 250.57 EH/s at present Thursday morning (ET). Between Both the mining pools Antpool Foundry Control 53.32% total BTC havehrate
F2pool contains around 14.25% hashrate Viabtc This account represents 9.34% of total on Dec 29. Among The top three pools Foundry, AntpoolF2pool, and, account for 67.57%. The four mining pools are with Viabtc Control around 76.91% total hashrate during the last three days Only There are 12 mining pools that dedicate the SHA256 hashrate for the BTC chain. 5.64 EH/s, or 2.46%, is associated with unknown miners.
After The Bitcoin network mining difficulty target change on December 19, 2022, block 768,096, an increase of 3.27%. Network difficulty change is expected decrease. Notable on January 3, 2023. Current Estimates show that the difficulty reduction could reach 7.39-8.1% below current difficulty metrics.