Unknown Bitcoin pool mysteriously mined 13% of BTC blocks over past day

Bitcoin's hash rate is soaring, smashing previous all-time records, with one pool leading the pack.

James Van Straten
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James Van Straten
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
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Quick Take

  • According to data from Mempool, the  Bitcoin mining pool known as “Unknown” has mined 18 blocks in the last 24 hours, or 13% of all blocks.
  • “Unknown” has mined 51 blocks in the past week, roughly 5% higher than the historical average.
  • A CryptoSlate analysis from May 23 showed that “Unknown” has 11EH/s, which equates to 3.09% of the hash rate share.
  •  This hash rate is the new all-time high for this mining pool, per the chart below:
Unknown: (Source: Mempool.space)
Unknown: (Source: Mempool.space)
  • The overall hash rate has also exploded, up to 364 EH/s over a 14-day moving average.
Hash Rate: (Source: Glassnode)
Hash Rate: (Source: Glassnode)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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