# Mina decentralisation report, November 2026

As of November 5, it took the 2 largest block producers to hold more than a third of Mina's active stake (a Nakamoto coefficient of 2), up from 1 at the end of October 2026. By this measure the network became more decentralised. The 10 largest block producers held 93.7% of the stake, down 0.1 points from the end of October 2026. Overall the stake was as spread out as 6 equal stakes (an HHI of 1,713). 50 block producers were active, 6 fewer than at the end of October 2026. The Nakamoto coefficient ranged from 1 to 2 so far this month. The month is still in progress: the figures are to November 5 and change daily until the report closes on December 1.

Facts as of 2026-11-05 23:59 UTC, read from the chain by BitBasic.

- Month: November 2026
- Status: In progress
- Active block producers: 50 (on 2026-11-05)
- Nakamoto coefficient (stake): 2 (on 2026-11-05)
- Top 10 stake share: 93.7% (on 2026-11-05)
- HHI (stake): 1,713 (on 2026-11-05)

## Links

- [Web page](https://bitbasic.com/reports/mina/2026-11): the same facts, with charts and history
- [Mina network](https://bitbasic.com/mina)
- [Every network's reports](https://bitbasic.com/reports)
- By: BitBasic (https://bitbasic.com), live staking-network dashboards run by BitNordic