Forum rules
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
User avatar
jamie.redman1
Global Moderator
Global Moderator
Posts: 603
Joined: Thu Oct 01, 2015 6:24 pm

Smaller Pools Are Diversifying the Bitcoin Mining Industry

Wed Dec 21, 2016 12:49 am

Bitcoin mining has become an advanced competitive market alongside securing the network. Over the years the mining sector has changed significantly from home operations, mining pools, and large data facilities churning out blocks. While observing mining pools over the years, there’s been a few times where skeptics have believed mining was quite centralized. However, more recently mining pool distribution has divided significantly with the mining industry taking new form once again.

https://news.bitcoin.com/pools-diversif ... in-mining/

Rmcdermott927
Bronze Bitcoiner
Bronze Bitcoiner
Posts: 590
Joined: Tue Sep 20, 2016 7:32 pm

Re: Smaller Pools Are Diversifying the Bitcoin Mining Industry

Wed Dec 21, 2016 2:06 am

After the Gox collapse, one of the biggest price dips was partially because Ghash.io was getting dangerously close to 50% of the network.

It's nice to see a more distributed system.
Image

iFixBTCmemoryIssues
Gold Bitcoiner
Gold Bitcoiner
Posts: 2682
Joined: Tue Nov 24, 2015 9:03 pm

Re: Smaller Pools Are Diversifying the Bitcoin Mining Industry

Wed Dec 21, 2016 7:37 pm

If you are interested in earning Bitcoins from mining with-out the requirement of hardware, you can buy mining contracts that provide you with ROI in BTC: https://www.viabtc.com

If you are a miner and would like to earn some of the highest payouts in the industry, join the Bitcoin.com mining pool, send an email to: pool@bitcoin.com

Both of the above are great options to get into the Bitcoin mining sector while also earning BTC as a revenue stream.

Happy Holidays!!!!!!!!!!!!!
Image

If you are running a version of Bitcoin Core, stop using it. Upgrade to Bitcoin Unlimited or Classic immediately.

Fix Your Unconfirmed Transaction.

Vote for the future of our Bitcoin network!

Return to “In the news”

Who is online

Users browsing this forum: No registered users and 6 guests