Chart description
This chart presents the estimated relative share of hashrate attributed to three cohorts of miners:
- 🔵 Patoshi
- 🔴 Miners labelled by Glassnode
- 🟡 Unlabelled 'Other' miners
A value of 0.9 indicates that the associated miner cohort accounts for 90% all of the hashpower on the Bitcoin network.
Here we use the relative share of block-reward revenue, as a proportion of the total, as a proxy estimate for hashrate attributed to each miner cohort. Where a cohort of miners win 30% of the block reward, it provides a reasonable estimate that they host 30% of the network hashrate.
Metrics details