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
Bitcoin's bull market is having a dramatic effect on demand for hardware resources as miners look to ramp up production.
Democratizing Bitcoin's hash rate takes center stage at mining summit
Sam Bourgi
2020-11-24T17:06:18+00:00
11902
Analysis
Where can you mine Bitcoin and Ether in 2020? Here are the top tips about mining pools and what you need to know before joining one of them.
Jumping into the pool: How to earn a profit mining Bitcoin and Ether
Elena Perez
2020-11-21T13:47:00+00:00
23134
Opinion
2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges.
The rise of major Bitcoin mining institutions is inevitable
Ethan Vera
2020-11-15T07:30:00+00:00
22709
News
The launch of a new "censored" mining pool has some Bitcoiners worried it's a harbinger of things to come.
‘Slippery slope’ as new Bitcoin mining pool censors transactions
Joshua Mapperson
2020-11-12T04:22:50+00:00
19198
News
An unknown mining group currently controls more than half of the Grin blockchain’s hashing power.
Grin network hit with 51% attack while GRIN token remains resilient
Turner Wright
2020-11-08T19:25:51+00:00
5225
News
Research suggests that Bitcoin miners are holding less of the asset.
On-chain metrics indicate Bitcoin miners’ influence on the price is diminishing
Martin Young
2020-11-04T03:42:28+00:00
4031
News
The CEO of CryptoQuant believes that capitulation by an unknown miner caused the latest Bitcoin price dip.
Capitulation by Unknown Miner 'Caused the Dip,' Says CryptoQuant CEO
Michael Kapilkov
2020-06-03T01:12:00+01:00
16751
News
Top crypto exchange Binance has launched its mining pool, however, the crypto community is concerned about the centralization of hashing power.
Binance Launches Crypto Mining Pool Amid Centralization Concerns
Samuel Haig
2020-04-27T12:00:00+01:00
7448

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