What is a mining pool address (mining address)?

What is a mining pool address? According to Coindesk, Bitcoin mining is a relati

What is a mining pool address (mining address)?

What is a mining pool address? According to Coindesk, Bitcoin mining is a relatively new industry. According to the latest report from cryptocurrency research institution Glassnode, nearly $2 billion worth of cryptocurrencies were mined and generated on the blockchain between January and June 2019.

However, this does not mean that mining pool addresses cannot represent what they want to achieve. On the contrary, if the private keys in these wallets belong to a specific individual, that entity can allocate their funds to wallets controlled by that person and verify their identity by providing information, thereby ensuring the security and effectiveness of the network.

Mining Pool Mining Address

According to reports, the mining pool data from Fishinpool showed that as of the time of publication, they had mined a total of 5 blocks. Among them, F2Pool (Huobi Cloud) has the highest hash rate. After the Bitcoin halving, this node accumulates BTC rewards through continuously increasing hash power and newly added addresses; the lowest hash rate exceeds $1 million. In addition, the most active miners in the mining pool currently are ViaBTC, Slushpool, Antpool, WBTC, and Hegic.

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