-BTC Miners Increase Earnings With Fractal Bitcoin Mining-

According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of Bitcoin’s hashrate via merged mining. Additionally, Fractal Bitcoin’s native crypto asset, FB, achieved an all-time high (ATH) last week but has since dropped 61.9% below that ATH just six days later.


Mining Pools Reap Rewards as Fractal Bitcoin Generates Returns Alongside Bitcoin’s Subsidy

The blockchain protocol Fractal Bitcoin continues to harness 226.19 EH/s of merged mining hashpower from the Bitcoin blockchain to fuel its sidechain. Additionally, 18.1 EH/s of permissionless mining bolsters the network’s operations.

Onchain data shows that so far, a total of 40,354 Fractal Bitcoin blocks have been mined, with around 2,068,925 FB tokens in circulation. Each FB is currently trading at $12.91, bringing the total market value to $26.8 million.

This market valuation places FB in the 674th position among the more than 10,000 crypto asset market caps. Mining metrics show 103.4 EH/s of Fractal Bitcoin’s merged mining hashpower comes from unknown bitcoin (BTC) miners.

The mining pool giant Antpool dedicates 82.34 EH/s to Fractal Bitcoin out of its 170.74 EH/s allocated to the Bitcoin network. In addition to that contribution, F2pool contributes 25.48 EH/s, and Spiderpool dedicates 7.72 EH/s to Fractal Bitcoin.

Permissionless mining pools supporting the network include F2pool, Spiderpool, Maxipool, Moonx, Solo Fractal, and Fairpool. Currently, 32.3% of the 2 million FB tokens in circulation are held by the top five wallets showing a high level of concentration.

The largest wallet alone controls 15.7%, with all five addresses holding a combined total of 668,631.54 FB. While FB is priced at $12.91 per coin, just last week on Sept. 15, 2024, it reached $38.80 before falling by more than 61%.

While there’s 2 million coins in circulation, FB’s supply will continue to grow.

 
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