India’s Path to Bitcoin Adoption, Interview with the Largest Non-Chinese Mining Pool
A new mining pool, called GBMiners, has emerged with nearly 5 percent of the Bitcoin network’s hashpower. It is the largest mining pool outside of China and the first to be based in India. India, which represents the world’s biggest remittance market with over $69.97 bln worth of payments received in 2013, is considered one of the fastest growing Bitcoin markets in the world. Over the past few years, major Indian Bitcoin startups, including Unocoin, have demonstrated significant growth in terms of daily trading volumes, user base, and online presence. Furthermore, Bitcoin has begun to gain....
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Roughly two weeks ago, ViaBTC, a relatively new bitcoin mining pool that launched earlier this summer, garnered some attention on social media due to the announcement that they’re currently testing Bitcoin Unlimited, which is a software client that allows users to signal support for hard fork induced changes to Bitcoin’s block size limit. Although the mining pool was only launched this summer, it has already gained enough hash rate to become the fifth largest pool. Bitcoin Magazine recently reached out to ViaBTC CEO and founder Haiyang to find out more about this relatively unknown player....
Foundry, the operator of the largest Bitcoin mining pool in the world, has announced plans for a Zcash mining pool geared at institutions. Foundry Aims To Launch Zcash Mining Pool In April 2026 As revealed in a press release, Foundry is expanding into Zcash with a new mining pool aimed at filling a gap in […]
BTC China has announced that its new mining pool, which launched just five weeks ago and is exclusively Chinese, has already generated over $1.2m in bitcoin. The company said that as of 28th November, the pool had mined 3,325 BTC, or $1,226,758.75 according to the CoinDesk USD Bitcoin Price Index at the time of writing. Blockchain's Hashrate Distribution Chart ranks the BTC China pool 7th-largest overall, contributing around 13.9 PH/s, or 5% of the world's bitcoin hashing power. An estimation of hashrate distribution amongst the largest mining pools. Source: Blockchain. The firm says it....
China is one of the major economies and a regional superpower in Asia. The vast country with the highest population in the world is also the country that tops the charts with the highest hashing power. The Chinese Bitcoin community is actively involved in Bitcoin mining operations and the Chinese mining pools are in control of the majority of overall Bitcoin mining. According to the latest data available on Blockchain.info, the top three Bitcoin mining pools are AntPool, F2Pool, and BTCC Pool. AntPool is a mining pool operated by the company known for AntMiner ASIC miners, BitMain while....
Launched in China in 2018, SparkPool controls over 22% of Ether’s hashrate as of today, second only to Ethermine. Sparkpool, the second-largest Ethereum mining pool in the world, is suspending operations due to the ongoing Chinese crackdown on crypto.The mining pool officially announced Sept. 27 it has suspended access to new users in mainland China in response to Chinese authorities initiating new measures to combat crypto adoption in the country.Following initial restrictions made last Friday, Sparkpool will continue shutting down services, and plans to suspend existing mining pool users....