Assessing the distribution of Bitcoin mining pools

With a resurgence of interest in the bitcoin mining industry — spurred on via regulatory concerns advanced by the Chinese government in late May — it's time to provide an update on The Block Research's 2019 analysis of mining pool distribution.

Since 2017, Bitcoin’s hash rate has grown nearly 50 times, weighing in at 120 EH/s — with a peak of 179 EH/s in mid-May — two days before China’s central government body published a meeting by its Financial Stability Development Committee, which included comments on craking “cracking down on bitcoin mining and trading activities" to prevent financial risks.