Bitcoin Mining’s Q2 by the Numbers | Parker Merritt | Compass Podcast
The Mining Pod | Blockspace Media
00:00
Bitcoin
As asics have commodified, become harder to run, you saw a collapse in the ability for people to run them. With mining pools that have embraced this full pay per share model, because the amount that's being paid out to miners is the expected value based on the block reward and transaction fees, they have to do a lot more sort of consolidation and accounting. One thing that was kind of surprising that we noticed is that these mining pools only paid out to a single one hop account. And so we can assume that one hup account is probably controlled by the mining pool. So that has some interesting implications for our one hop set.
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