Insights

Unknown Bitcoin pool mysteriously mined 13% of BTC blocks over past day

exchange68September 13, 2024

0 1 1 minute read

Quick Take

According to data from Mempool, the Bitcoin mining pool known as “Unknown” has mined 18 blocks in the last 24 hours, or 13% of all blocks.
“Unknown” has mined 51 blocks in the past week, roughly 5% higher than the historical average.
A CryptoSlate analysis from May 23 showed that “Unknown” has 11EH/s, which equates to 3.09% of the hash rate share.
This hash rate is the new all-time high for this mining pool, per the chart below:

The overall hash rate has also exploded, up to 364 EH/s over a 14-day moving average.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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