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The Polylog Crypto Intelligence Brief

Morning Edition · Thursday, July 9, 2026

Bitcoin Mining Splits Into a Two-Tier Market as Pool Power Consolidates

Post-halving margin pressure and rising difficulty are concentrating hashrate among the largest pools, pressuring smaller miners.

Bitcoin Mining Splits Into a Two-Tier Market as Pool Power Consolidates

The Bitcoin mining industry has split into a two-tier market, with hashrate consolidating among the largest pools while smaller operators bear the cost, CryptoSlate reported. Post-halving revenue pressure, rising network difficulty, and mar…

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Decentralization Becomes Measurable, Not Asserted

Scrutiny of the gap between decentralization claims and on-chain measurement keeps intensifying, pushing the industry toward verifiable metrics that separate genuinely distributed networks from concentrated systems using the vocabulary of public infrastructure.