Mining Hashrate Distribution

Mining hashrate distribution measures the concentration of computing power among different mining pools in a Proof-of-Work network. If a single pool or a small group of pools controls more than 50 percent of the hashrate, they could potentially execute a 51 percent attack, allowing them to reorganize the blockchain and double-spend coins.

This is a fundamental metric for assessing the security and decentralization of PoW blockchains like Bitcoin. As mining has become more industrial, hashrate has tended to concentrate in regions with cheap electricity and favorable regulations.

Monitoring this distribution is essential for identifying risks to the network's integrity and for understanding the geopolitical dependencies of the underlying infrastructure. A well-distributed hashrate is the primary defense against state-level or large-scale attacks on the network.