Bitcoin’s Top Mining Pool Foundry USA’s Hashrate Climbed 350% in 12 Months

Over the past 12 months, Foundry USA has been a formidable force in bitcoin mining. Foundry USA is operated and owned by Foundry. This consulting, mining, and staking firm is based in Rochester. According to a press release, the company was established by Digital Currency Group (DCG). The mining arm was officially launched on August 27, 2020.

According to archive.org snapshots, the first recorded sighting was February 14, 2021. report published Jan. 26, 2021 by Cointelegraph indicates that Foundry was in the top ten standings for mining pools. According to the report, Foundry had allocated 2.74 EH/s for the Bitcoin chain and held 1.85% of all 147 EH/s.

Foundry’s hadhrate was equated with 1.13% of global aggregate, or 1.78 EH/s. This archived snapshot was taken on February 14, 2021. Foundry was the 15th largest mining pool worldwide on that day. Foundry found five blocks out of 444 blocks that were mined over a three-day period. Twelve months ago Foundry held the fifth-largest position in total hashrate, with approximately 11.51% of network and 18.44 EH/s as of Nov. 6, 2021.

Foundry’s pool found 51 BTC blocks rewards in a span of three days. This is out of 443 rewards. Foundry’s hashrate, which is the amount of hash that Foundry has generated in the past 12 months, has grown by 357.37% compared to statistics recorded today. After discovering 130 blocks of the 415 blocks it had mined over a three-day period, records show that Foundry’s hashrate was around 84.34 EH/s on November 6, 2022. According to the three-day statistics, Foundry’s hashrate percentage is around 31.33%.

Year-long data recorded on October 15, 2021 also shows 52 258 Bitcoin blocks were mined over a 12-month period. According to archive.org snapshots, F2pool was the most popular mining pool at that time. It discovered 8,187 out of 52,258 Bitcoin blocks. Foundry discovered 1,978 blocks of 52K, which is approximately 3.79% of total hashrate on Oct. 15, 2021. The Year-long data of Nov. 6, 2022 shows that 53,495 blocks have been mined within 12 months.

Foundry USA has captured 11,109 blocks in the last 12 months. This equates to 20.77% aggregate havehrate over a 12-month period. F2pool and Binance Pool were also top-ranked mining pools over the past 12 months. Viabtc was next. Although Foundry’s block rate has been impressive this year, all time statistics show that the pool had found 13,462 blocks out of 762,026 Bitcoin blocks by November 6, 2022 at 4:30 PM (ET).

Statistics show that the greatest number of blocks have been found by unknown miners (or stealth miners) with 226,055 blocks. F2pool is the champion with the most Bitcoin blocks out of all the known mining pools. F2pool has snatched 74,545 Bitcoin blocks from the 762K currently available. F2pool is closely followed by Antpool and Btc.com. Braiins Pool, formerly known as Slush pool, and the now-defunct Btc Guild.