Bitcoin Network Achieves Milestone With 800,000 Blocks Processed; F2pool Leads Mining Activity

Key Points:

• Bitcoin network achieves a significant milestone, processing over 800,000 blocks since its inception, demonstrating its enduring strength and growth.
• F2pool emerges as a dominant mining force, contributing around 10% of the total blocks, while unidentified miners including Satoshi Nakamoto account for 28.37% of the processed blocks.

The Bitcoin network has crossed a remarkable threshold by successfully processing over 800,000 blocks since its inception, marking a significant achievement in its history. 

A comprehensive analysis of the mining landscape reveals interesting insights. Among the 99 different mining pools contributing to block discovery, a prominent role is played by unidentified miners, including the legendary Satoshi Nakamoto and early adopters. Collectively, these unidentified miners have been responsible for unearthing 227,800 blocks, amounting to an impressive 28.37% of the total blocks processed.

In terms of specific mining pools, F2pool emerges as a leading player. This mining pool has demonstrated remarkable prowess, having successfully mined around 80,364 blocks since 2009. This achievement translates to a significant contribution of approximately 10.01% of the total blocks processed by the network.

Following closely is Antpool, securing the second position with the discovery of 75,829 blocks. F2pool’s prowess extends to the third position as well, with Antpool capturing 9.44% of the total blocks processed.

The mining landscape is further characterized by significant contributions from other major pools. Btc.com Pool, Braiins Pool, and Viabtc secure their respective positions with 39,996 blocks, 39,647 blocks, and 33,194 blocks, highlighting the collective effort that drives the Bitcoin network’s continuous operation and growth.

As the Bitcoin network continues to evolve and mature, achieving such milestones reaffirms its resilience and the commitment of its participants in maintaining its decentralized and secure ecosystem.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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