Bitmain mining pool now controls nearly 42% of the world's Bitcoin computing power

According to CCN, CoinDance data shows that BTC.com, a mining pool under the Chinese mining machine manufacturer Bitmain, has developed 25.5% of the Bitcoin blocks in the entire network, while another mining pool Antpool accounts for 16.5%. In addition, the two mining pools also account for 21.3% of the Bitcoin Cash computing power in the entire network.

As one of the world's leading manufacturers of application-specific integrated circuit (ASIC) mining machines, Bitmain is currently facing a situation of dominating the entire industry, sparking centralization controversy. If Bitmain's computing power continues to increase, it is likely to occupy more than 51% of the computing power of the Bitcoin network, which will mean that the company can theoretically tamper with network data.

It is reported that Bitmain is currently promoting the zero-fee process to attract more miners to join its mining pool and support multiple cryptocurrency mining algorithms. As of press time, Bitmain has not yet responded to the doubts raised by the centralization of computing power.