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A mid-year analysis: Who will lead Bitcoin mining in 2025?

cryptonews100_tggfrn by cryptonews100_tggfrn
June 14, 2025
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A mid-year analysis: Who will lead Bitcoin mining in 2025?
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Because the world’s largest Bitcoin mining hub, the US rolled out a sequence of crypto- and mining-friendly insurance policies following the inauguration of President Trump in January 2025. The crypto market noticed a significant increase in confidence, particularly because of the push for establishing a nationwide cryptocurrency strategic reserve. In the meantime, native governments throughout varied states launched regional help insurance policies, which additional attracted the return of mining farms, hashrate service suppliers, and capital, accelerating the general development of the mining business.

By June 2025, the overall Bitcoin community hashrate had steadily remained at a historic excessive of round 900 EH/s, reflecting an almost 30% improve because the starting of the yr. A massive variety of next-generation mining rigs entered mass manufacturing, and mining infrastructure building has considerably accelerated. New hashrate continues to move into North America, Latin America, and the Center East. Amid this mining growth, which mining swimming pools managed to draw extra hashrate? How did the main swimming pools carry out in the primary half of 2025? This text will take you thru the small print.

Hashrate developments

The launch of next-generation ASIC Miners such because the ANTMINER S23 Hyd., ANTMINER S23 Imm., and SEALMINER A2 Professional Hyd. triggered a brand new spherical of “arms race” in the 2025 mining market. These machines introduced main upgrades in phrases of hashrate efficiency, vitality effectivity, and cooling methods. Nevertheless, their excessive costs raised the entry threshold, pushing the business additional towards capital-intensive operations. Main mining swimming pools and large-scale mining farms are leveraging their useful resource benefits to strengthen their dominance in the business.

Prime-tier mining swimming pools resembling Foundry USA, AntPool, ViaBTC, F2Pool, and Binance Pool proceed to regulate round 80% of the worldwide Bitcoin hashrate. As new hashrate continues to be added throughout the business, these swimming pools are additionally seeing regular hashrate development. The hashrate development development is proven in the chart under:

Supply: explorer.cloverpool

  • Foundry USA’s common hashrate at the start of the yr was 279.7 EH/s. By June, the common hashrate reached 283.4 EH/s, a rise of 1.3%.
  • AntPool’s common hashrate at the start of the yr was 146.1 EH/s. By June, it rose to 170.3 EH/s, a rise of 16.5%.
  • ViaBTC’s common hashrate at the start of the yr was 118.2 EH/s. By June, it reached 121.5 EH/s, up 2.8%.
  • F2Pool’s common hashrate at the start of the yr was 87.2 EH/s. By June, it rose to 96.6 EH/s, a rise of 10.8%.
  • Binance Pool’s common hashrate at the start of the yr was 53.5 EH/s. By June, it reached 62.2 EH/s, marking a 16.7% improve.

Block mining evaluation

Though in principle, a better hashrate will increase the likelihood of mining a block, the precise variety of blocks mined is the important thing issue that straight impacts miner earnings. That is very true for miners utilizing the PPLNS (Pay Per Final N Shares) cost methodology, the place the pool’s actual block output capability straight determines their last income.

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Supply: mempool.house

In response to information from the Mempool, a complete of 26,510 Bitcoin blocks have been mined from the start of the yr via June. Amongst them:

  • Foundry USA mined 8,434 blocks, accounting for 31.81% of the overall.
  • AntPool mined 4,918 blocks, accounting for 18.55%.
  • ViaBTC mined 3,680 blocks, accounting for 13.88%.
  • F2Pool mined 2,778 blocks, accounting for 10.48%.
  • Binance Pool mined 477 blocks, accounting for 1.8%.

As proven in the information above, aside from some fluctuations in Binance Pool, the opposite 4 high mining swimming pools carried out comparatively steadily total. The big deviation between Binance Pool’s hashrate and block output fee signifies its lower-than-expected block manufacturing in apply.

In distinction, Foundry USA, AntPool, ViaBTC, and F2Pool demonstrated a powerful correlation between hashrate and precise block output, highlighting their technical strengths in mining infrastructure and community optimization. Typically, the extra steady a pool is, the extra predictable the miner’s earnings turns into, which additionally enhances model belief amongst miners.

Market overview

Within the first half of 2025, high mining swimming pools haven’t solely continued to strengthen their hashrate deployment but additionally actively expanded their model and ecosystem in a bid to compete for world miner sources and business affect.

Be part of the occasion at: https://www.viabtc.com/activity/9th-anniversary

ViaBTC made a major transfer in safety and compliance by passing the internationally acknowledged SOC 2 Kind I audit, reinforcing its belief and model picture amongst world customers. In June, ViaBTC launched its Ninth-anniversary world celebration with the “Full the Puzzle, Unlock $69,999” occasion, that includes neighborhood engagement via day by day check-ins, quizzes, and voting actions. It additionally actively participated in world business boards, together with Blockchain Discussion board 2025, Mining Disrupt 2025, and Bitcoin Convention 2025, increasing its worldwide presence.

As well as, AntPool and F2Pool have additionally been proactive in enterprise growth and person incentives in the primary half of 2025. AntPool launched a limited-time promotion for BTC and LTC mining rig patrons, providing 90 days of zero-fee mining for eligible individuals. F2Pool has expanded past mining by rolling out staking providers in collaboration with stake.fish, supporting multi-token staking together with ETH, CFX, SOL, NEAR, and BTC via Babylon Community—providing miners extra choices for asset development and administration.

Looking forward to the second half of the yr, the mining business could enter a brand new part of intensified competitors. With Bitcoin costs recovering since June, each miners and institutional traders are regaining confidence, sidelined capital is reentering the market, and funding is accelerating in crypto mining. Consequently, the competitors between swimming pools will transcend hashrate, encompassing service capabilities, technical energy, and ecosystem integration. Whoever strikes the best stability will acquire the higher hand in the evolving panorama.

Disclaimer: This can be a paid put up and shouldn’t be handled as information/recommendation.

Earlier: Polkadot’s Threshold Bitcoin plan under fire: ‘Long-term thinking’ or ‘garbage’?
Subsequent: Ethena drops 14%, but why investor sentiment remains strong



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