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Bitcoin Essentials by Albert Szmigielski

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Large Scale Mining operations

We can look at block explorers to see which entities are finding the most blocks. Those entities are either big mining pools or industrial Bitcoin mines. We took a look at https://blockchain.info/pools to see the hashrate distribution, which is depicted in the following figures:

Large Scale Mining operations

Fig. 7.2: Hashrate distribution (4-day average). Image courtesy of blockchain.info (you can take a look at https://blockchain.info/pools or https://www.smartbit.com.au/ to see the latest distribution)

Large Scale Mining operations

Fig. 7.3: Hashrate distribution. Image courtesy ...

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