Bitcoin mining pools Poolin and BTC.com compete for the position of dominant mining pool

2019-9-17 00:30

Founded in 2015, BTC. com, a mining pool owned by Bitmain is one of the largest in the world. BTC. com has dominated the mining pool and had retained its dominance through the first and second quarter of 2019.

The mining pool was holding a 15. 42% share of the total hash rate in Q1 and a 19. 86% […]

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Let’s start with the definition of pool mining: A Mining Pool is a protocol for a group of miners to work together, in order to smooth out their mined coins. Pooled mining is a mining approach where multiple generating clients contribute to the generation of a block, and then split the block reward according the […] The post How do Mining Pools Work And How To Choose a Pool To Join? appeared first on CaptainAltcoin.

2019-3-27 03:25