A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
Submitted by Anonymous (not verified) on Sat, 04/13/2024 - 00:40
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance Pool, and Braiins are being funneled to this particular custodian. Onchain Data Reveals Single […]