Mining is integral to cryptocurrency, as it both ensures the permanent integrity of the blockchain and allows new funds to enter the market. Bitcoin mining competition has increased exponentially since 2015 as the currency’s value has risen and mining equipment has become more powerful. But how concentrated is that competition and where do mining pools send their bitcoin? Download our latest markets report to find out. Inside, we provide original research into the level of competition not just between the top mining pools, but also between exchanges to be the destination of choice for new Bitcoin awarded to those mining pools.

Please click on the image below to access and download the full report. 

About Chainalysis:
Chainalysis is the blockchain analysis company, providing compliance and investigation software to the world's leading banks, wealth managers, businesses, and governments. Their experts in financial crime and economic analysis empower our customers to derive insights they can act on. Cryptocurrency is a rapidly emerging technology, presenting new challenges to how financial services institutions comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements and ultimately increasing the costs of doing business. Institutions that can identify the cryptocurrency businesses with which their clients are interacting and quantify the risks will be able to take advantage of growth opportunities in these new markets. Backed by Accel, Benchmark, and other leading names in venture capital, Chainalysis builds trust in blockchains.

#blockchain #crypto #bitcoin #wealthtech #cryptoregulation #regtech #cryptocompliance