What is a mining pool account (what does a mining pool platform earn)?
A mining pool account is a new type of account method in the blockchain industr
A mining pool account is a new type of account method in the blockchain industry. One of its main features is the user-centered management of funds, with a full, revocable, and irreversible account structure.
In the product, mining platforms use automatic compound interest to generate profits, while exchanges provide liquidity for players to receive transaction fees and earn tokens. Due to the high security requirements of miners, many users are unable to participate in the network.
Currently, there are many companies in the market that have similar mining pool models, but some companies store their computing power in a “cold wallet” to form an account system similar to Bitcoin. However, this type of product has not been recognized by the market. Therefore, the problem with mining pool accounts is that they have a very complex user interface. Mining pool accounts belong to a niche group, but as digital currencies become more popular, ordinary investors will find it easier to enter this field.
What does a mining pool platform earn?
Recently, the price of Bitcoin has continued to rise, reaching a high of around $11,000.
According to Bitmex data, Bitcoin currently accounts for over 70% of mainstream exchanges, with platforms like Huobi and OKEx occupying a large proportion. Additionally, how do platforms like Binance and OKEx earn profits from mining pool models? What does the platform earn? What methods do mining pool platforms use to make money?
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