Assets, Bitcoin

How Much Bitcoin Does F2Pool Own?

F2Pool, also known as Discus Fish, is one of the oldest and largest Bitcoin mining pools in existence. The pool was launched in 2013, and today it mines about 11% of all blocks.

F2Pool is headquartered in Beijing, and its founders are Da Zhang and Wang Chun. Chun is also a co-founder of Bitmain, the world’s largest cryptocurrency mining equipment manufacturer.

F2Pool has a number of unique features that make it popular among miners. For one, the pool offers a “merged mining” service that allows miners to mine multiple cryptocurrencies at the same time without losing hashing power on any of them.

The pool also has a “pay-per-last-N-shares” (PPLNS) payout system that minimizes variance for miners. And finally, F2Pool allows miners to connect to the pool using either Stratum or Getwork protocols.

So how much Bitcoin does F2Pool own? That’s a difficult question to answer because the pool doesn’t publicize its hashrate or the addresses of its miners. However, we can make some educated guesses based on the pool’s publicly-available data.

Based on data from Blockchain.com, we know that F2Pool mined about 172,000 Bitcoin in 2020.

Assuming that the pool has about 11% of the total hashrate, that would mean that it controls about 1.5 million Bitcoin currently.

However, it’s important to note that this is just a rough estimate. The actual number could be higher or lower depending on a number of factors.

Nevertheless, it’s safe to say that F2Pool is one of the largest holders of Bitcoin in the world.

Previous ArticleNext Article