Bitcoin’s Top Mining Pool Foundry USA’s Hashrate Climbed 350% in 12 Months

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Last year, bitcoin’s total network hash rate was around 160 exhash per second (EH/s), and 15 known mining pools dedicated hashrate to bitcoin on November 6, 2021. At the time, mining pool Foundry USA was the fifth largest mining pool. With 18.44 EH/s dedicated to the bitcoin chain. During the past 12 months, the foundry has managed to increase the hashrate of the pool by more than 350% to 84.34 EH/s as of November 6, 2022.

After 12 Months, Foundry USA’s Hashrate Makes Its Way to Top Bitcoin Mining Pool Status

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Bitcoin mining pool Foundry USA has been a force to be reckoned with during the past 12 months. The mining operation Foundry USA is owned and operated by foundry, a mining, staking and consulting firm based in Rochester, New York. The company was formed by Digital Currency Group (DCG) and was founded in 2019. Press release Announcement of Mining Branch on August 27, 2020.

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The statistics of the web portal btc.com show earliest recorded scene The foundry’s, at least according to a saved archive.org snapshot, was on February 14, 2021. However, a report good Published by Cryptooshala on January 26, 2021, indicates that Foundry was located in the top ten mining pool standings. The report shows that the foundry was dedicating 2.74 EH/s B T c chain and 147 EH/s controlled 1.85% of the total.

Bitcoin's top mining pool Foundry USA's hashrate climbs 350% in 12 months
Bitcoin hash rate as of February 14, 2021, three-day statistics. The total hash rate was 158.46 EH/s.

A snapshot archived on February 14, 2021 shows that the hash rate of Foundry is equal to 1.13% of the global total, or 1.78 EH/s. On that day, the foundry ranked 15th largest worldwide out of 19 known mining pools over a period of three days. Of the 444 blocks mined over a three-day period, the foundry discovered five. 12 months agoFoundry ranked the fifth largest in terms of total hash rate on November 6, 2021 with approximately 11.51% of the network and 18.44 EH/s.

Bitcoin's top mining pool Foundry USA's hashrate climbs 350% in 12 months
Bitcoin hashrate as of October 15, 2021, one-year figures. the total hash rate was 146.94 u/s,
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During the three-day period, the foundry’s pool raised 51. discovered B T c Block award out of 443 awards received. The pool has seen a huge growth during the past 12 months as Foundry’s hash rate has increased by 357.37% since then. recorded data today. Records show as of November 6, 2022, Foundry’s hash rate is around 84.34 EH/s, when it discovered 130 of the 415 blocks mined over a period of three days. The three-day data shows that the percentage of the total hashrate of Foundry is around 31.33%.

Bitcoin's top mining pool Foundry USA's hashrate climbs 350% in 12 months
Bitcoin hashrate, all-time statistics, as of November 6, 2022. The total hash rate was 266.83 EH/s.

year-round data Recorded on October 15, 2021, also shows 52,258 B T c The blocks were mined over a period of 12 months. According to the archive.org snapshot, F2pool was the top mining pool at the time, as it discovered 8,187 of the 52,258 bitcoin blocks found. Foundry, on the other hand, discovered 1,978 blocks out of 52K, which is about 3.79% of the total hash rate recorded on October 15, 2021. year-round data As of November 6, 2022, 53,495 blocks were mined in 12 months.

Bitcoin's top mining pool Foundry USA's hashrate climbs 350% in 12 months
Bitcoin hash rate as of November 6, 2022, three-day statistics. The total hash rate was 266.83 EH/s.

Foundry USA managed to capture 11,109 blocks as of November 6, 2022, which is equivalent to 20.77% of the total hashrate during the 12-month period. Other top mining pools during the last 12 months include Antpool, F2pool, Binance Pool and Viabtc respectively. While the foundry’s block percentage has been huge this year, all time statistics The number of blocks found in the pool is equal to 1.77% or 13,462 blocks out of a total of 762,026 found B T c The blocks were mined as of November 6, 2022 at 4:30 PM (ET).


All-time statistics show that unknown miners, otherwise known as stealth miners, have found the most blocks with 226,055 blocks. Out of the 98 known mining pools that are mining on the blockchain since the known pools were recorded, F2pool is the winner with the most. B T c Block found. F2pool 74,545 . managed to stop B T c Blocks out of 762K received till date. F2pool is followed by Antpool, Btc.com, Brainins Pool (formally known as Slush Pool), and the now-defunct Btc Guild.

What do you think about The Foundry climbing to the top spot in terms of bitcoin mining pool with the highest hash rate this year? Let us know what you think about this topic in the comment section below.

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Credit : news.bitcoin.com

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