Centralization alert: Two Bitcoin mining pools mined over 51% of all BTC in the last 3 years
Bitcoin (BTC) is often praised as the most decentralized cryptocurrency by its supporters, but the truth could be something else. Onchain data shows that only two Bitcoin mining pools mined over 51% of all BTC in the last three years. Here is why it matters and could raise a centralization alert for the leading blockchain network. Finbold retrieved this information from mempool.space , a Bitcoin data aggregator and block explorer, gathered directly from an observer node. Essentially, this data ranks Bitcoin mining pools per their mined blocks against the total blocks mined in a certain period. In the last three years from March 28, 2025, the Bitcoin mined blocks were highly dominated by two mining pools. Picks for you Robert Kiyosaki updates his Silver price prediction 2 hours ago ...