{"id":35956,"date":"2021-02-05T21:10:30","date_gmt":"2021-02-05T19:10:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35956"},"modified":"2025-08-29T03:52:31","modified_gmt":"2025-08-29T00:52:31","slug":"poolin-acquires-novablock-pool-to-expand-into-north-america","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/poolin-acquires-novablock-pool-to-expand-into-north-america\/","title":{"rendered":"Poolin acquires NovaBlock pool to expand into North America"},"content":{"rendered":"

The mining pool Poolin, which controls 10,5%<\/a> of Bitcoin’s hash rate, has acquired<\/a> the North American competitor NovaBlock as part of its strategy to expand into new international markets.<\/p>\n

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The merger of the two companies’ hash power is scheduled for February 8. If this had happened today, after adding 1.92 EH\/s from NovaBlock to Poolin’s current 15.98 EH\/s, Poolin would move close to second-placed Binance Pool. Its hash rate stands at 18.86 EH\/s, according to BTC.com.<\/p>\n

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The company blog states that as a result of the acquisition, aggregate computing power will reach 23 EH\/s.<\/p>\n

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\\\"Poolin<\/p>\n

Distribution of hash rate among leading mining pools. Data: BTC.com<\/p>\n<\/div>\n

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In an interview with The Block<\/a>, Poolin vice president Alejandro De La Torre said the pool’s ambition is to go international, with the acquisition of NovaBlock as the first step.<\/p>\n

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A Poolin spokesperson noted that the company plans to work on implementing the MARS project. He envisions financing the hash rate through the integration of CeFi and DeFi in Bitcoin mining.<\/p>\n

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The agreements reached envisage preserving NovaBlock’s operational independence from Poolin. The remuneration to be paid during the merger period will remain unchanged.<\/p>\n

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In November, Poolin launched portal for preparing the Taproot upgrade<\/a> in the Bitcoin network.<\/p>\n

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Subscribe to ForkLog’s YouTube channel!<\/p>\n","protected":false},"excerpt":{"rendered":"

The mining pool Poolin, which controls 10.5% of Bitcoin’s hash rate, has acquired the North American competitor NovaBlock as part of its strategy to expand into new international markets.<\/p>\n","protected":false},"author":1,"featured_media":35957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1927],"class_list":["post-35956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-poolin"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=35956"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35956\/revisions"}],"predecessor-version":[{"id":35958,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35956\/revisions\/35958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/35957"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=35956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=35956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=35956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}