As the world's largest Bitcoin mining hub—the United States—rolled out a series of crypto- and mining-friendly policies

By June 2025, the total Bitcoin network hashrate had steadily remained at a historic high of around 900 EH/s, reflecting a nearly 30% increase

As the world's largest Bitcoin mining hub—the United States—rolled out a series of crypto- and mining-friendly policies following the inauguration of new President Trump in January 2025, the crypto market saw a major boost in confidence, especially due to the push for establishing a national cryptocurrency strategic reserve. Meanwhile, local governments across various states introduced regional support policies, which further attracted the return of mining farms, hashrate service providers, and capital, accelerating the overall growth of the mining industry.

By June 2025, the total Bitcoin network hashrate had steadily remained at a historic high of around 900 EH/s, reflecting a nearly 30% increase since the beginning of the year. A large number of next-generation mining rigs entered mass production, and mining infrastructure construction has significantly accelerated. New hashrate continues to flow into North America, Latin America, and the Middle East. Amid this mining boom, which mining pools managed to attract more hashrate? How did the leading pools perform in the first half of 2025? This article will take you through the details.

Hashrate trends

The launch of next-generation ASIC Miners such as the ANTMINER S23 Hyd., ANTMINER S23 Imm., and SEALMINER A2 Pro Hyd. triggered a new round of "arms race" in the 2025 mining market. These machines brought major upgrades in terms of hashrate performance, energy efficiency, and cooling systems. However, their high prices raised the entry threshold, pushing the industry further toward capital-intensive operations. Leading mining pools and large-scale mining farms are leveraging their resource advantages to strengthen their dominance in the industry.

Top-tier mining pools such as Foundry USA, AntPool, ViaBTC, F2Pool, and Binance Pool continue to control around 80% of the global Bitcoin hashrate. As new hashrate continues to be added across the industry, these pools are also seeing steady hashrate growth. The hashrate growth trend is shown in the chart below:

Source: explorer.cloverpool

Block mining analysis

Although in theory, higher hashrate increases the probability of mining a block, the actual number of blocks mined is the key factor that directly impacts miner earnings. This is especially true for miners using the PPLNS (Pay Per Last N Shares) payment method, where the pool's real block output capacity directly determines their final revenue.

Source: mempool.space

According to data from the Mempool, a total of 26,510 Bitcoin blocks were mined from the beginning of the year through June. Among them:

As shown in the data above, except for some fluctuations in Binance Pool, the other four top mining pools performed relatively steadily overall. The large deviation between Binance Pool's hashrate and block output rate indicates its lower-than-expected block production in practice.

In contrast, Foundry USA, AntPool, ViaBTC, and F2Pool demonstrated a strong correlation between hashrate and actual block output, highlighting their technical strengths in mining infrastructure and network optimization. Generally, the more stable a pool is, the more predictable the miner's income becomes, which also enhances brand trust among miners.

Market overview

In the first half of 2025, top mining pools have not only continued to strengthen their hashrate deployment but also actively expanded their brand and ecosystem in a bid to compete for global miner resources and industry influence.

Join the event at: https://www.viabtc.com/activity/9th-anniversary

ViaBTC made a significant move in security and compliance by passing the internationally recognized SOC 2 Type I audit, reinforcing its trust and brand image among global users. In June, ViaBTC launched its 9th-anniversary global celebration with the “Complete the Puzzle, Unlock $69,999” event, featuring community engagement through daily check-ins, quizzes, and voting activities. It also actively participated in global industry forums including Blockchain Forum 2025, Mining Disrupt 2025, and Bitcoin Conference 2025, expanding its international presence.

In addition, AntPool and F2Pool have also been proactive in business development and user incentives in the first half of 2025. AntPool launched a limited-time promotion for BTC and LTC mining rigs buyers, offering 90 days of zero-fee mining for eligible participants. F2Pool has expanded beyond mining by rolling out staking services in collaboration with stake.fish, supporting multi-token staking including ETH, CFX, SOL, NEAR, and BTC through Babylon Network—offering miners more options for asset growth and management.

Looking ahead to the second half of the year, the mining industry may enter a new phase of intensified competition. With Bitcoin prices recovering since June, both miners and institutional investors are regaining confidence, sidelined capital is reentering the