Bitmain Loses Bitcoin Mining Pool Dominance Amid Internal Issues

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Antpool and BTC.com have lost a bit of their old glory, significantly shrinking the share of Bitcoin block rewards on a daily and weekly basis. The BTC mining pools, headed by Bitmain, are still among the top four miners but have ceded their leadership to F2Pool and Poolin. Bitmain Lost Bitcoin Mining Leadership in Three Months In the past three months, while the overall hash rate for Bitcoin’s network kept setting a series of mining records, Bitmain’s pools lagged behind. What a big difference 3 months make to @BITMAINtech with all the drama. In August, I looked at Bitcoin's hashrate distribution. Bitmain was the number 1 & 2 largest mining pool (https://t.co/SXrePJYWQz & AntPool). Now they have been overtaken by @f2pool_official & @officialpoolin pic.twitter.com/kAC4IcrbUJ — Bobby Ong (@bobbyong) October 31, 2019 The lag of the two pools is happening as bitcoin is trading at prices way above breakeven for most…

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