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Report: 10 of the 15 largest mining pools have been consolidating their Coinbase block rewards since early 2022

Report: 10 of the 15 largest mining pools have been consolidating their Coinbase block rewards since early 2022

CointimeCointime2023/12/29 06:00
By:Cointime

According to a recent report from Miner Mag, since the beginning of 2022, 10 out of the top 15 mining pools have been merging their Coinbase block rewards. This trend includes well-known pools such as Binance Pool, BTC.com, and Braiins Pool.

AntPool is the only pool that has been sending rewards to a specific output address since March 2022. As of December, AntPool has mined 26.6% of the blocks, while Binance Pool and other pools occupy a large portion of the remaining share. AntPool became the highest-earning company in November, but this month Foundry USA is leading with 28.78% of the total hashrate.

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