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
The loans will be provided to “blue-chip” Bitcoin miners who could back their bids with physical or digital assets.
Binance launches $500M lending project to support crypto miners
David Attlee
2022-10-17T08:40:52+01:00
5305
Markets News
Better luck next time? Luxor’s OTC Bitcoin mining derivatives could offer miners “a much needed tool to hedge their mining operations.”
New hashprice-based derivatives instrument gives Bitcoin miners another way to hedge
Ray Salmond
2022-10-10T20:34:12+01:00
4284
News
Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors.
Grayscale announces new arm to invest in Bitcoin mining hardware
Ana Paula Pereira
2022-10-06T20:00:00+01:00
2269
Market Analysis
Analysts say Bitcoin miners’ worst days are probably behind them, but the network's soaring hash rate and the uptick in difficulty are weighing on profit margin...
Bitcoin miner profitability under threat as hash rate hits new all-time high
Ray Salmond
2022-10-04T19:26:05+01:00
5177
How to crypto
A fraternity-based approach to mine crypto, mining pools let miners combine their computational resources for a better chance to win rewards.
What is a cryptocurrency mining pool?
Murtuza Merchant
2022-09-24T13:10:00+01:00
6514
News
Compute North’s hosting partner Compass Mining has stated that the firm will continue to operate business as usual at this stage.
BTC mining firm Compute North files for bankruptcy
Brian Quarmby
2022-09-23T06:31:28+01:00
7740
Newsletter
Here’s a review of the possible new trends that will drive the crypto market in the post-Merge era.
What’s next for Bitcoin and the crypto market now that the Ethereum Merge is over?
Big Smokey
2022-09-16T22:00:00+01:00
32813
News
"Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible," said Poolin.
Crypto miner Poolin offers IOU tokens after suspending withdrawals
Turner Wright
2022-09-13T18:15:00+01:00
2739

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