According to three-month statistics, Foundry USA was the Bitcoin network’s top mining pool in terms of hashrate percentage in Q1.
During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA was the network’s top mining pool in terms of hashrate percentage, as the bitcoin mining operation scored 2,380 blocks in Q1 2022.Metrics indicate bitcoin miners issued approximately 82,706.
Behind the top three pools, records show Poolin had 12.06% of the global hashrate with 1,596 blocks found, and Binance Pool captured 11.33% of the hashrate with 1,499 blocks found in Q1. The aforementioned five pools collectively captured 57.71% of Bitcoin’s global hashrate. During 2022’s first three months, the difficulty adjustment algorithm saw five increases and just two reductions. Out of the seven epoch changes, the network’s mining difficulty increased 16.98% higher than prior to the first week of January.
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