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Mining Pools News

A mining pool is an association of miners that combine their computing resources to mine cryptocurrency blocks and split the reward equally, according to the contributed amount of work. Mining pools became necessary when the difficulty of proof-of-work cryptocurrency mining increased so much that it became impossible for the average miner to mine a full block. The growing difficulty led to the establishment of the first mining pools for Bitcoin. Today, Bitcoin mining pools are the most influential communities in the Bitcoin network and are the major organs that decide whether new forks should be implemented. There are also Ethereum mining pools, Litecoin mining pools and mining pools of other major cryptocurrencies that are too hard to mine alone. There are also mining multipools that switch from one cryptocurrency to another when it becomes more profitable to mine.
News
Ether miners are reluctant to sell their assets and appear to expect further price increases.
Amount of ETH held by miners reaches highest level since 2016
Martin Young
2021-10-08T05:49:44+01:00
13533
News
BeePool, the fourth-largest Ethereum mining pool will shut down operations following Beijing’s anti-crypto posture.
Another Ethereum mining pool forced to close due to China crackdown
Inigo Vaca
2021-09-29T03:38:55+01:00
15441
Market Analysis
One of the crypto mining stocks delivered more than 1,600% returns year-over-year (YoY) while Bitcoin's gains in the same period came out to be around 290%.
Here's why Bitcoin mining stocks have been outperforming BTC price in 2021
Yashu Gola
2021-09-28T15:36:07+01:00
9671
Analysis
Despite Bitcoin’s perceived hash rate recovery, analysts noted that the recent 150 EH/s reading was based on a short 24-hour window.
China mining shock may not be over yet, experts suggest
Shiraz Jagati
2021-09-01T14:07:00+01:00
7992
News
According to CEO Johnny Lyu, people using renewable energy sources for mining will receive discounts on fees.
KuCoin encourages greener crypto mining with proof-of-work pool
Turner Wright
2021-08-25T09:00:00+01:00
2835
News
The exploit reportedly unlocks up to 70% of the original graphic card mining power.
Mining software appears to have cracked Nvidia's Lite Hash Rate algorithm
Mariano Maisterrena
2021-08-17T20:00:00+01:00
19116
How to crypto
Operational costs are high, but Bitcoin miners are making money hand over fist. Here’s how to join them and profit.
No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking
Jordan Finneseth
2021-08-13T23:30:00+01:00
36723
News
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining.
Bit Mining raises $50M to take operations out of China
Brian Quarmby
2021-07-14T02:09:54+01:00
3280

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