Author

Topic: Ethereum miner statistics before the merge and after the merge (Read 265 times)

legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'





*Before the merge

Mining pool                   Hash rate    
 
Ethermine                 - 124.4 TH/s
F2pool2                   - 76.5  TH/s
Hiveon pool               - 42    TH/s
2miners                   - 35.8  TH/s
Flexpool                  - 27.6  TH/s


*After the merge


staking pool                     staked Eth %

 
lido                                   31------------- frozen for the next year and change
Coinbase                           15-------------frozen for the next year and change
kraken                                8.38----------frozen for the next year and change
Binance                              6.64----------frozen for the year year  and change
stake .us                            2.98----------frozen for the next year and change


so all that staked shit is frozen solid

as for your pools viabtc had a lot and I have no idea when you pool stats were taken.

eth was almost 999th you are posting only 300th

plus the fact is a miner could move around from pool to pool

staked coins are frozen till 2024

and eth is slowly dropping  now under  1350 with zero reason to rise.

mr vb has burnt 25 million a day in liquid gross income.

for about 2 million a day in frozen income.

net loss of 23million a day or 8.395 billion a year burnt

actually way way way more than this because the mining income is constantly churned and move while the staked income is frozen solid.

legendary
Activity: 2366
Merit: 1272
Heisenberg
The distribution is really terrible. I hope they can develop a new mechanism in place to prevent exchanges or pools to gain control of the network easily. Considering how often pools or exchanges got hacked, the risk is really not small. Even if they never want to attack the network, someone could "easily" hack them and do it.
I agree, and I wonder how they did not see this coming, especially after seeing what has always happened to all other POS coins. It's just a way of giving powers to whales and centralized custodial services, so long as they can manage to stake lots of ETH.

I hope the catastrophe that struck LUNA won't revisit ETH.
legendary
Activity: 1834
Merit: 1136
Bitcoin

Foundrydigital.com  26.3 %
antpool.com       17.2%
f2pool.com       16.2%
binance.com    12.2%

Foundrydigital.com  26.3 + antpool.com  17.2 = 43.5%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 = 59.7%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 + binance.com  12.2 = 71.9%

https://miningpoolstats.stream/bitcoin

Is it worse here or not?

Its been like this for years however with Bitcoin mining. Every once in a while some pool gains popularity that it needs to increase pool fees to make miners switch to a different pool.

In the past they were many times when a pool had >51% hashrate and nothing happened.
Then there is no reason to panic. Ethereum follows the path of Bitcoin
legendary
Activity: 2170
Merit: 1789
The distribution is really terrible. I hope they can develop a new mechanism in place to prevent exchanges or pools to gain control of the network easily. Considering how often pools or exchanges got hacked, the risk is really not small. Even if they never want to attack the network, someone could "easily" hack them and do it.
sp_
legendary
Activity: 2954
Merit: 1087
Team Black developer
full member
Activity: 1424
Merit: 225
In most countries Government control would help pent fly-by-night exchanges.

Ethereum was payed and created by the government..

Which goverment?
sp_
legendary
Activity: 2954
Merit: 1087
Team Black developer
In most countries Government control would help pent fly-by-night exchanges.

Ethereum was payed and created by the government..
full member
Activity: 1424
Merit: 225
A 51% attack on bitcoin POW network involving different individual miners in pools or 51% attack on ETH POS network, whereby centralized exchanges that can easily be forced to bend down and lick Government asses are clearly in control right now?

In most countries Government control would help prevent fly-by-night exchanges. Storing crypto on an exchange has never been safe and still isn't.

Worse, Ethereum is an autocracy and has always been one. The rules can be changed at a whim. Once all the coins are locked up the rules
can be changed again with no way to bail out for those who disagree.
sp_
legendary
Activity: 2954
Merit: 1087
Team Black developer
Ethereum has dropped 20% after the Merge
legendary
Activity: 2366
Merit: 1272
Heisenberg
Which one is easier and cheaper to pull off?

A 51% attack on bitcoin POW network involving different individual miners in pools or 51% attack on ETH POS network, whereby centralized exchanges that can easily be forced to bend down and lick Government asses are clearly in control right now?
legendary
Activity: 3808
Merit: 1723
Bitcoin

Foundrydigital.com  26.3 %
antpool.com       17.2%
f2pool.com       16.2%
binance.com    12.2%

Foundrydigital.com  26.3 + antpool.com  17.2 = 43.5%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 = 59.7%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 + binance.com  12.2 = 71.9%

https://miningpoolstats.stream/bitcoin

Is it worse here or not?

Its been like this for years however with Bitcoin mining. Every once in a while some pool gains popularity that it needs to increase pool fees to make miners switch to a different pool.

In the past they were many times when a pool had >51% hashrate and nothing happened.
legendary
Activity: 1834
Merit: 1136
Bitcoin

Foundrydigital.com  26.3 %
antpool.com       17.2%
f2pool.com       16.2%
binance.com    12.2%

Foundrydigital.com  26.3 + antpool.com  17.2 = 43.5%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 = 59.7%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 + binance.com  12.2 = 71.9%

https://miningpoolstats.stream/bitcoin

Is it worse here or not?
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
So all they accomplished with the merge is the transfer of power from miners to exchanges
Not only this, but it's now far more likely to have the voting power stolen, and have a 51% attack conducted without the exchanges' permission. Think of this: Someone hacks lido and gets the coins. Simple, common, likely scenario. With 31% of the staked coins, they can first and foremost keep them staked to earn the sweet bucks, and secondly, they can attack with zero cost.

But, no problem. Ethereum isn't censorship resistant. The devs will just fork the chain.  Smiley
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
So all they accomplished with the merge is the transfer of power from miners to exchanges (who are much MORE likely to collude than miners since nobody can stop them from doing a 51% attack. The hell, lido can even do that right now if they wanted to).

Job well done devs. /facepalm
jr. member
Activity: 98
Merit: 5
 




*Before the merge

Mining pool                   Hash rate    
 
Ethermine                 - 124.4 TH/s
F2pool2                   - 76.5  TH/s
Hiveon pool               - 42    TH/s
2miners                   - 35.8  TH/s
Flexpool                  - 27.6  TH/s


*After the merge


staking pool                     staked Eth %

 
lido                               31
Coinbase                           15
kraken                             8.38
Binance                            6.64
stake .us                          2.98
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