Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power.
While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner.
Miners can, however, choose to redirect their hashing power to a different mining pool at anytime.
 MARKET UPDATE Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M
The price of Bitcoin abruptly surged to $10,200, as it liquidated $75 million worth of short contracts. |
Read moreWhy Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M
 MARKET UPDATE Bitcoin Price Rises to $9,500 as $2 Trillion Fed Stimulus Expected
Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level? |
Read moreBitcoin Price Rises to $9,500 as $2 Trillion Fed Stimulus Expected
|
ANALYSIS BTC Rush: High Prospects for Bitcoin Price as Mining Investments Boom
Fresh investments into mining equipment by smaller companies signals an optimistic outlook for the future of Bitcoin. |
Read moreBTC Rush: High Prospects for Bitcoin Price as Mining Investments Boom
Read moreTop 10 Tips To Keep Your Cryptocurrency Safe In 2020
