Thursday, December 26

Antpool Surges Past Foundry in Bitcoin Mining Race

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Antpool’s revival lines up with Bitmain funneling fresh hashpower from its latest Antminers.

Antpool, connected with Bitmain, has actually exceeded Foundry as the biggest Bitcoin mining swimming pool by regular monthly blocks mined considering that January 2022. In November, Antpool effectively mined 1,219 blocks, edging out Foundry’s 1,216 blocks, according to MinerMag.

This accomplishment has actually led to an overall benefit of 8,672 BTC for Antpool’s miner customers, with an extra 83.6 BTC allocated for refunds.

Foundry’s supremacy in the mining swimming pool hierarchy has actually been mainly undisputed given that early 2022, following the migration of mining operations to North America after China’s crypto crackdown. Antpool’s hash rate started to close in on Foundry around June.

This shift lines up with Bitmain’s significant import of Antminer S19XP and S19XP Hydro rigs to its United States subsidiary in Georgia, amounting to over 37 EH/s in hash rate.

While the precise contribution of these imports to Antpool’s hash rate is not completely transparent, Bitmain dealt with internal difficulties, consisting of a momentary stop in worker incomes due to problems with miner release.

In spite of Antpool’s current lead in blocks mined, BTC.com’s information suggests that their self-reported real-time hash rate still tracks behind Foundry’s, raising concerns about prospective underreporting or the impact of luck variation on mining success.

In 2021, Bitmain revealed strategies to spin off Antpool. Bitmain made this transfer to focus its efforts on creating and making mining hardware while permitting Antpool to run as an independent entity.

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