Mystery Miner Takes Over Bitcoin Network, Stirring Up Crypto Community

  • Sergey Maga
  • 25 May, 2023 17:27
Mystery Miner Takes Over Bitcoin Network, Stirring Up Crypto Community

The Bitcoin network, hosting the world’s leading cryptocurrency, has been infiltrated by a mysterious miner. In recent hours, this unidentified entity has made a significant impact by mining several blocks and earning valuable rewards, according to the Newsbtc.

The enigmatic miner has been rapidly verifying Bitcoin blocks, with over 10 blocks authenticated in the last day. This resulted in an earnings of over 65 BTC, translating to more than $1.7 million at current rates.

The anonymous miner’s identity remains a mystery, even eluding established trackers, which are usually able to identify large-scale miners and pools. This new entity is surpassing known mining pools like Binance Pool, AntPool, and large mining farms such as Foundry USA.

Speculation is rife that this ‘unknown’ actor might be a new, large-scale player in the Bitcoin mining sector. It’s also possible that this ‘unknown’ entity could be a mining pool, a group of miners who combine their computational power or hash rate to verify blocks of BTC transactions more effectively.

There are suggestions that this unidentified miner might be F2Pool, one of the oldest and largest mining pools worldwide. F2Pool, controlling 8.19% of the total Bitcoin hash rate, has seen a peculiar lack of activity in recent data tracking, leading to this theory.

Regardless, confirmation of the miner’s identity is still pending, causing intrigue within the Bitcoin community.

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