After Much Speculation Bitmain Announces P2pool Bitcoin Cloud Mining Service. Bitmain has announced a cloud based mining service called HashNest.For several months now, the community has speculated about whether Bitmain was building a cloud based service, and as Bitmain always do, they chose to hold their information until now. P2pool is a decentralized Bitcoin mining pool. It works by creating a peer-to-peer network of miners. Users have the opportunity to choose if they want to mine on a private or public node. Fees to be paid depends on a selected node by the miner and transaction fee on this platform is shared. A list of public P2pool nodes can be found here: The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. P2Pool is a new completely decentralized alternative. You will get somewhere from 1% to 3% of “stale shares”. Thread. The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 25 to 12.5 coins; Reward-Drop ETA date: 09 Jul 2016. This might partly be compensated by falling difficulty, raising prices ... The following list of cryptocurrencies are being compared to Bitcoin mining to determine if a cryptocurrency is more profitable to mine than mining Bitcoin. The cryptocurrency profitability information displayed is based on a statistical calculation using the hash rate values entered and does not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, a pool's ... P2Pool is a decentralized Bitcoin mining pool that works by creating a peer-to-peer network of miner nodes. P2Pool creates a new block chain in which the difficulty is adjusted so a new block is found every 30 seconds. The blocks that get into the P2Pool block chain (called the “share chain”) are the same blocks that would get into the Bitcoin block chain, only they have a lower difficulty ... P2Pool. Founded in 2011, P2Pool operates as a “decentralized Bitcoin mining pool”. This eliminates the risk of the pool owner stealing your funds, and helps to prevent the centralization of Bitcoin—this pool can’t dictate the future of Bitcoin core.
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