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In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A "share" is awarded to members of the mining pool who present a valid partial proof-of-work. Mining in pools began when the difficulty for mining increased to the point where it could take centuries for slower miners to generate a block. The solution to this problem was for miners to pool their resources so they could generate blocks more quickly and therefore receive a portion of the block reward on a consistent basis, rather than randomly once every few years.[1][2]
^Ittay Eyal with Emin Gün Sirer:"Majority is not Enough: Bitcoin Mining is Vulnerable Archived 2016-12-03 at the Wayback Machine" in the 18th International Conference on Financial Cryptography and Data Security(FC).2014
^Eyal, Ittay. "The Miner's Dilemma" (PDF). Cornell University. Archived (PDF) from the original on 2017-08-09. Retrieved 2017-05-23., In the IEEE Symposium on Security and Privacy (Oakland), 2015.
In the context of cryptocurrency mining, a miningpool is the pooling of resources by miners, who share their processing power over a network, to split...
probability of finding a block. A "share" is awarded to members of the miningpool who present a valid partial proof-of-work. As of February 2018[update]...
period for the contract or in some cases can trade their hashing power. Miningpool David Lee Kuo Chuen (2015). Handbook of Digital Currency: Bitcoin, Innovation...
miner or pool controls more than 50% of the hashing power, it would allow them to censor transactions and double-spend coins. In 2014, miningpool Ghash...
Retrieved 27 October 2022. Stratum mining protocol, ..the official documentation of lightweight bitcoin mining protocol. Official IANA Registry of URI...
service providers and venture capital. Other services include mining pools, cloud mining, peer-to-peer lending, exchange-traded funds, over-the-counter...
(Windows Server 2008). Hackers connected the web servers to a Monero miningpool, by which they mined about 3868 AUD worth of Monero. In 2021, a version...
under the name Bitcoin ABC at a conference that month. In July 2017, miningpool ViaBTC proposed the name Bitcoin Cash. In July 2017 Roger Ver and others...
wholly owned entity of the 501(c)3 Bootstrap". In September 2023, a miningpool named ViaBTC had seized control of over half the hashing power on Zcash...
bridge. The Uncle Maker attack – an attack on Ethereum by the F2Pool miningpool, which lasted between 2020 and 2022, but was only discovered in 2022...
finally been settled amicably. As a result, the cryptocurrency miningpool BTC.com and mining cloud service Bitdeer have spun off from Bitmain and Wu will...
East Pool mine (later known as East Pool and Agar mine), was a metalliferous mine in the Camborne and Redruth mining area, just east of the village of...
workings downhill from the pool support this view. The valley of Newleycombe Lake has been extensively worked with many mining remains along its short length...
founded Amaze Mining and Blockchain Research Limited, an altcoin mining technology firm. He founded GB Miners, an Indian bitcoin miningpool in 2016, which...
Computing power is often bundled together or "pooled" to reduce variance in miner income. Individual mining rigs often have to wait for long periods to...
Asteroid mining is the hypothetical extraction of materials from asteroids and other minor planets, including near-Earth objects. Notable asteroid mining challenges...
on 28 August 2019. Retrieved 28 August 2019. "Contaminated water in miningpool too costly to treat". Free Malaysia Today. 31 March 2016. Archived from...
Waltio (taxation of cryptomoins), Ngrave (hardware wallet), Cruxpool (miningpool), and Ternoa (blockchain). He also collaborates with Idriss Aberkane...
Polbeth (/poʊl.bɛθ/; G. Poll - pool beithe - birch tree "birch pool") is a former oil shale mining village located about a mile from West Calder, and...
122°17′36″W / 37.791404°N 122.293196°W / 37.791404; -122.293196 The Hughes Mining Barge, or HMB-1, is a submersible barge about 99 m (324 ft) long, 32 m (106 ft)...
mainly focused on tin. Metalliferous mining finally ceased in Cornwall in 1998 with the closure of South Crofty Mine, Pool, the last tin mine to operate in...
Stingl, Ulrich; Eppinger, Jörg (2014). "Mining a database of single amplified genomes from Red Sea brine pool extremophiles—improving reliability of gene...
copper-mining region, with a population of 216,626 (2010 census). It is the home of Nchanga Copper Mine, a deep-shaft high-grade content copper mining operation...
separated from the sea. A smaller pool, Cupid's Bath, is also found nearby. The Adonis Pool is a similar tidal pool, though deeper, larger and less easily...
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