Big miners pose a growing existential threat to Bitcoin
As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin's hash rate. That could become a problem for Bitcoin users in the near future.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin's hash rate. That could become a problem for Bitcoin users in the near future.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Evernorth’s XRP strategy hinges on one number after Nasdaq vote
Armada Acquisition Corp. II shareholders will vote Sept. 30 on Evernorth Holdings' Nasdaq merger, which would give the XRP treasur...
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
Veteran Bitcoin developer Luke Dashjr exits OCEAN pool – Will hash power follow him to new pool?
OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and...
Popular Bitcoin wallets risk losing support for new hardware devices as critical security bridge stops accepting new devices
Bitcoin HWI, a widely used interface for connecting wallet software to hardware signing devices, is moving toward retirement, whil...
Crypto ETFs appeared to hit $10B in hours, but filing data exposes where that money really came from
US spot Ethereum ETFs appeared to begin trading with $10.36 billion already inside them, an opening balance large enough to resemb...
Crypto stock tokens barely move over weekend, revealing markets become illiquid when Wall Street goes offline
Coinbase’s new B20 stock tokens on Base place Apple, Alphabet, Meta and Nvidia-linked exposure on a blockchain that keeps trading...