BT-POOL 2024 Overview: Hashrate Steadily Increased, Multi-Coin Pools Maintained a Leading Global Position

2024/01/06

The approval of a U.S. spot ETF, the Federal Reserve’s shift to an interest rate cutting cycle, and Donald Trump’s successful election win have driven Bitcoin to break the $100,000 mark over the past year. Crypto has become the central theme of the global financial market in 2024. Additionally, Bitcoin completed its fourth halving in April 2024, further reinforcing its scarcity and marking a new development cycle for the crypto mining industry.


As a deep participant and builder in the crypto mining sector, BT-Pool delivered an impressive performance in 2024. By continuously refining its mining pool technology, enhancing product and service experiences, and expanding into global markets, BT-Pool stood out in the highly competitive market, achieving steady growth in hashrate across multiple mining pools and further solidifying its industry-leading position. Let’s revisit BT-Pool’s remarkable achievements over the past year through this annual review.


Total Annual Output Exceeds $3.2 Billion with Over 1.7 Million Users According to public data, BT-Pool helped miners generate approximately $3.2 billion worth of cryptos in 2024. Among them, the Bitcoin mining pool produced over 30,000 BTC throughout the year, valued at approximately $2.7 billion as of January 1, 2025, accounting for 84% of the total output. Additionally, the annual merged output of LTC, DOGE, BELLS, JKC, PEP, and LKY mining was around $400 million, while the KAS mining pool contributed $20 million, and the BCH mining pool produced $12 million. High luck values are key to earning more block rewards, and BT-Pool’s robust and professional mining pool technology provides miners with a stable and efficient mining experience, ensuring consistent and reliable returns.