Jessie Willms

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Stats Has written 3 posts about cryptocurrency

Nov 09 2020

New North American Mining Pool Bets On Region And Regulatory Compliance

Nov 09 2020 Published at Bitcoin Magazine under tags  bitooda dmg hashr8 luxor mining

North American bitcoin mining farms all use mining pools to ensure steady block rewards, compiling hash power from miners operating remotely to compete with the industrialized farms based in China. Most of these mining farms use China-based mining pools (pools whose headquarters and, perhaps, servers for collecting hash power, are located in China) because the fees that they charge for collecting and distributing...

Oct 12 2020

As Bitcoin Mining Becomes More Competitive, Will Pools Ensure Decentralization?

Bitcoin’s underlying computer network is the largest, most sophisticated computerized system in the world with working units in almost every part of the globe, from China to Kazakhstan to Venezuela to the U.S. And with recent all-time highs in hash rate and difficulty level, the Bitcoin mining industry is more competitive than ever. Meanwhile, there are questions about whether...

Sep 22 2020

The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders

Bitcoin miners have successfully survived the 2020 Halving and COVID-19, and the network is now seeing some of its highest hash rates ever as these operations power up new equipment and reach new levels of decentralization going into the second decade of bitcoin mining. Bitcoin Mining Is Decentralizing China still dominates the bitcoin mining space, although the percentage of the hash rate coming...

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