Skip to content

← On-chain Bitcoin

Hash Rate by Pool

Multi-line view of hash power dominance for the top 14 mining pools (frontend may multiply by global hash rate for effective per-pool hash rate).

Tier proOn-chain Bitcoinminingpoolshash-ratedecompositionmulti-line

What is it?

Multi-line decomposition (or stacked-area depending on view mode) of the daily hash power share of each of the 14 largest pools. Each line represents an individual pool, allowing direct comparison of competing trajectories. The frontend can multiply the percentages by the global network hash rate to obtain the effective hash rate per pool in exa-hash per second (EH/s).

How to read

In multi-line mode: identify leaders (high lines), growing pools (sharp positive slopes), declining pools (prolonged negative slopes). In stacked-area mode: read the global market composition and share evolution. Rapid rotations between pools often reveal operational or strategic events.

Key zones

No absolute zones - each pool has its own structural level. Structural leaders (Foundry, Antpool, F2Pool) typically oscillate between 10 and 30% each. Mid-cap pools between 3 and 10%. Niche pools (CKPool, SBI Crypto) under 5%. Any reading above 35% for a single pool warrants careful examination.

What to observe

Crossovers between pools are notable markers: when a pool takes another's place in the top 3, it often translates a structural change (acquisition, operational issue, pricing offer). Inverse correlations between pools (one rises exactly when another falls) suggest direct miner migration.

Historical context

The historic top 14 has seen many recompositions. GHash.io briefly dominated in 2014 then disappeared after the 51% threshold approach scandal. BTCC was a major actor 2014-2017 before disappearing due to the Chinese ban. Slush Pool (renamed BraiinsPool) is the oldest pool still active. Foundry USA only emerged post-2021. This dynamic illustrates that the top mining composition is never fixed.

Expert notes

Conversion to effective hash rate (EH/s) per pool requires multiplication by the global network hash rate, which varies daily. The frontend can perform this transformation at render. For strict relative dominance analysis (without scale factor), keep the percentage reading. Both views are complementary.

Common mistakes to avoid

A low line for a given pool does not mean that pool is operationally weak - it may simply serve a niche segment (solo miners, retail) with a modest total absorbed capacity. Market share does not reflect service quality nor operational resilience.

Programmatic access

REST API

curl -sS \
  'https://api.trinityinsights.io/api/v1/onchain/hash-rate-by-pool/history?days=90' \
  -H 'X-API-Key: $TRINITY_API_KEY'

MCP server

{
  "tool": "get_chart_value",
  "metric_id": "hash-rate-by-pool",
  "timeframe": "1y"
}

Required tier: pro. See the pricing grid for the tier list and the MCP documentation for multi-client configuration.

Related metrics

Institutional disclaimer

Trinity Insights is an educational and analytical tool. The metric above does not constitute investment advice. Trinity Insights is not a Crypto-Asset Service Provider (CASP) registered under MiCA Regulation (EU) 2023/1114. See the full disclaimer.