{"id":3532,"date":"2024-01-01T07:58:18","date_gmt":"2024-01-01T07:58:18","guid":{"rendered":"https:\/\/ethereumcode.io\/1-leading-bitcoin-mining-pools-20232-bitcoin-blocks-2023-top-mining-pools3-dominating-mining-pools-bitcoin-20234-top-5-bitcoin-mining-pools-20235-bitcoin-2023-block-fortress-key-mining-pools\/"},"modified":"2024-01-01T07:58:18","modified_gmt":"2024-01-01T07:58:18","slug":"1-leading-bitcoin-mining-pools-20232-bitcoin-blocks-2023-top-mining-pools3-dominating-mining-pools-bitcoin-20234-top-5-bitcoin-mining-pools-20235-bitcoin-2023-block-fortress-key-mining-pools","status":"publish","type":"post","link":"https:\/\/ethereumcode.io\/1-leading-bitcoin-mining-pools-20232-bitcoin-blocks-2023-top-mining-pools3-dominating-mining-pools-bitcoin-20234-top-5-bitcoin-mining-pools-20235-bitcoin-2023-block-fortress-key-mining-pools\/","title":{"rendered":"1. Unveiling the 5 Leading Mining Pools that Dominated Bitcoin’s Blocks in 2023\n2. Bitcoin Blocks 2023: Meet the 5 Mining Pools that Held the Reigns\n3. Behind 2023’s Dominating Mining Pools: Handling over 84% of Bitcoin Blocks\n4. In Focus: The Top 5 Mining Pools that Ruled Over Bitcoin’s Blocks in 2023\n5. Decoding Bitcoin’s 2023 Block Fortress: Dominated by Five Key Mining Pools"},"content":{"rendered":"
\nIn the year 2023, the world of Bitcoin (BTC) mining saw some phenomenal changes. Collectively, a record-breaking 54,002 Bitcoin blocks were unearthed from January to December 2023. The incredible year saw the Foundry USA come out on top, mining a whopping 16,492 blocks over the course of 12 months. <\/p>\n
Moreover, within this period, Bitcoin miners experienced and adapted to 27 adjustments linked to been mining difficulty. Despite the prevalent increases, the Bitcoin network saw its hashrate reach an all-time high.\n<\/p>\n
\nThe year 2023 was indeed a prosperous one for Bitcoin miners. It was a 365-day mining marathon that resulted in the extraction of more than 54,000 Bitcoin blocks. Each block, freshly minted, contained 6.25 Bitcoins and affiliated discovery fees.<\/p>\n
The top five mining pools, Foundry, Antpool, F2pool, Viabtc, and Binance Pool, respectively, were dominant forces in unearthing these treasures. In accumulating 45,707 block rewards, these entities found over 84% of all Bitcoin blocks in 2023. <\/p>\n
Interestingly, other noteworthy contributors included Luxor, hunting 1,311 blocks (2.43%), btc.com with 978 blocks (1.81%), and Braiins Pool bagging 894 blocks (1.66%). Across the network throughout the year, 147 empty blocks were found\u2014an approximately 0.27% total, with Antpool, F2pool, and Viabtc being the mining pools that primarily contributed to these blocks.\n<\/p>\n
\nAs 2023 cruised along, Bitcoin miners saw their capabilities extend as mirrored in the network hashrate which skyrocketed to an astonishing 545 EH\/s on Dec 24, 2023. A pivotal moment when compared to just eight years prior in January 2016, when the Bitcoin hashrate was at one quintillion hashes per second (H\/s). By the close of 2023, the network\u2019s hashpower stood at a staggering 529 quintillion H\/s, indicating an exponential increase in total hashrate.\n<\/p>\n
\nSimultaneously, leading tech companies including Bitmain, Canaan, Microbt, and Auradine, launched the next generation of miners, showcasing futuristic devices. With a mining capacity of over 375 terahash per second (TH\/s), these devices are not only powerful but also remarkably efficient with ratings under 20 joules per terahash (J\/T). <\/p>\n
Gauging Foundry’s hashrate standing of 71.84 EH\/s last year, and comparing it to the current 147 EH\/s, the progression is evident. Similarly, Antpool\u2019s hashrate skyrocketed from 49.95 EH\/s to 139 EH\/s, while F2pool increased from 31.99 EH\/s in December 2022 to 62.27 EH\/s at the year-end of 2023.\n<\/p>\n
\nAs 2023 came to a close, the advancements and transformations within the Bitcoin mining industry were nothing short of massive. The upcoming halving event in April 2024\u2014set to cut block rewards from 6.25 to 3.125 BTC\u2014signifies a substantial shift in the mining landscape and is a remarkable challenge the mining pools of the industry must prepare for. The 2023 mining pool landscape indeed demonstrated the industry\u2019s strength, growth, and readiness to face the ensuing challenges.\n<\/p>\n