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A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards

Jamie Redman

12 April 2024

A Single Custodian Oversees Nearly Half of Bitcoin's Block RewardsOnchain 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 […]


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https://news.bitcoin.com/a-single-custodian-oversees-nearly-half-of-bitcoins-block-rewards/

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