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This Group of Four Now Dominates Over 70% of a Key Blockchain Resource

A June 23 2026 snapshot from miningpoolstats showed that four Bitcoin mining pools—Foundry Digital, AntPool, ViaBTC and F2Pool—together controlled more than 70% of the network's total hashrate, indicating high concentration.

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What happened

A June 23 2026 snapshot from miningpoolstats showed that four Bitcoin mining pools—Foundry Digital, AntPool, ViaBTC and F2Pool—together controlled more than 70% of the network’s total hashrate, indicating high concentration.

Confirmed

Global impact / market context

When a few pools dominate mining power, they can influence which transactions are confirmed and affect the decentralization of Bitcoin, which may raise concerns for users and regulators about network security and fairness.

Analyst inference

The mining sector is moving toward a two‑tier market where large institutional pools hold most of the hash power, while smaller independent miners must choose pools carefully to stay profitable.

Analyst inference

What to watch

  1. Any regulatory proposals targeting mining concentration, because rules could limit pool size or require more transparency, affecting how pools operate. Proposed
  2. Shifts in independent miners’ pool selections, as they may move to smaller pools to avoid concentration, which could alter hash rate distribution. Analyst inference
  3. Changes in Bitcoin’s price or mining difficulty, since higher difficulty or lower prices increase costs for miners and may intensify pool consolidation. Analyst inference

Affected assets

  • BTC — Bitcoin

Evidence