Dominance of Four Major Players in Bitcoin Mining
Four mining pools control over 70% of the Bitcoin network.
1Dominance in Bitcoin Mining
Foundry Digital, AntPool, ViaBTC, and F2Pool control over 70% of the Bitcoin network. This situation raises significant centralization concerns in the mining sector.
2Two-Tier Market
Large mining pools focus on institutional clients, while independent and mid-sized miners face challenges. This creates a two-tier market structure in the mining sector.
3ViaBTC's Challenges
ViaBTC faced increased regulatory scrutiny in 2026. This particularly affected miners tied to Russia and CIS countries, leading some miners to seek alternatives.
4EMCD Alternative
EMCD offers an attractive alternative for miners with 1.5% FPPS fees. Founded in 2017, EMCD has quickly become a growing player in the mining sector.
5Centralization Metrics
According to D-Central's data, Bitcoin mining pools have a Nakamoto coefficient of 3. This means more than half of the blocks are produced by just three pools.
6The Future of Bitcoin Mining
Bitcoin mining is becoming a sector dominated by a few major players rather than a wide-open competition. This could lead to significant changes in the mining industry.
Original article: Bitcoin News — Bitcoin Madenciliğinde Dört Büyük Oyunculuk Hakimiyeti