Bitcoin Mining in 2025: Mid-Year Leaders
Bitcoin Mining Landscape: Mid-Year 2025
The first half of 2025 witnessed significant growth in the Bitcoin mining industry, largely driven by US policies favoring cryptocurrency and mining. President Trump's administration introduced initiatives, including a national cryptocurrency strategic reserve, boosting market confidence. State-level support further accelerated the return of mining farms and capital to North America.
By June 2025, the Bitcoin network hashrate reached a record high of approximately 900 EH/s—a 30% increase from the start of the year. This surge was fueled by the mass production of next-generation ASIC miners like the ANTMINER S23 Hyd., ANTMINER S23 Imm., and SEALMINER A2 Pro Hyd., though their high cost increased the barrier to entry.
Hashrate Trends: An Arms Race
The introduction of advanced ASIC miners intensified competition among mining pools. Top pools—Foundry USA, AntPool, ViaBTC, F2Pool, and Binance Pool—retained control of roughly 80% of the global hashrate. Here's a breakdown of their performance:
- Foundry USA: Increased hashrate by 1.3% (from 279.7 EH/s to 283.4 EH/s).
- AntPool: Experienced a 16.5% hashrate increase (from 146.1 EH/s to 170.3 EH/s).
- ViaBTC: Showed a 2.8% rise (from 118.2 EH/s to 121.5 EH/s).
- F2Pool: Grew by 10.8% (from 87.2 EH/s to 96.6 EH/s).
- Binance Pool: Saw a significant 16.7% increase (from 53.5 EH/s to 62.2 EH/s).
(Note: A chart visualizing hashrate growth would be inserted here.)
Block Mining Analysis: Performance Matters
While a higher hashrate improves block mining probability, the actual number of blocks mined directly impacts profitability, especially for pools using the PPLNS (Pay Per Last N Shares) method.
From January to June 2025, 26,510 blocks were mined. The distribution among leading pools is as follows:
- Foundry USA: 8,434 blocks (31.81%)
- AntPool: 4,918 blocks (18.55%)
- ViaBTC: 3,680 blocks (13.88%)
- F2Pool: 2,778 blocks (10.48%)
- Binance Pool: 477 blocks (1.8%)
(Note: A chart comparing blocks mined by each pool would be inserted here.)
Binance Pool's lower-than-expected block output suggests potential operational challenges. In contrast, Foundry USA, AntPool, ViaBTC, and F2Pool demonstrated strong correlation between hashrate and block production, highlighting robust infrastructure and network optimization.
Market Overview: Competition Heats Up
Beyond hashrate, leading pools focused on brand building and ecosystem expansion. ViaBTC, for example, enhanced its security and compliance profile by passing a SOC 2 Type I audit. AntPool and F2Pool also implemented promotional offers and expanded service offerings (AntPool with mining rig promotions, F2Pool with staking services).
The second half of 2025 promises intense competition, fueled by rising Bitcoin prices and renewed investor confidence. Success will depend on a combination of hashrate, service quality, technical expertise, and a strong ecosystem. Codeum, a leader in blockchain security and development, provides essential services including smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies, to help companies and individuals navigate this complex landscape.
Disclaimer: This is sponsored content and should not be considered financial advice.