Coin Miners Dogged By Mining Pool Security Flaws
Distributed denial-of-service attacks have posed an increasingly severe problem for cryptocurrency exchanges and mining pools in recent weeks. Last month, several major pools in the mining community suffered debilitating DDoS attacks that resulted in significant delays, lost mining time and frustration for miners. In extreme cases, as explained by TeamDoge administrator Forrest Fuqua, some pools received ransom messages from hackers demanding payoffs in exchange for pulling back their attacks. Fuqua said that security flaws in the Mining Portal Open Source (MPOS) pool software commonly....
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The Bitcoin.com mining pool is currently in private beta testing following its announcement on September 21, 2016. In just over two weeks, the mining pool has already established nearly 1 percent of the hashrate across all bitcoin miners in the world. The mining pool was founded by Bitcoin.com owner Roger Ver. It uses the Bitcoin Unlimited protocol, an....
Monero is the most popular privacy token in the space, and investors have flocked to it due to the anonymity it provides. Its community is widespread with a lot of miners, but one mining pool has dominated the hashrate of the privacy coin in the past. Minexmr, which is the largest mining pool, has, however, […]
Many people don't know about the different types of mining pools out there. Multi-pools allow for mining multiple currencies based on profitability, some only focus on promising new coins, and some only focus on one particular coin as their whole purpose. Not only are there different mining pool types to choose from, but the payout methods are different, with PPLNS, PROP, and PPS being the most popular. This mining guide will clue you in on what pools are available to you, and what payout methods they use. A Guide to Different Cryptocurrency Mining Pools. Single Coin Mining Pools. Single....
On October 6, Bitcoin.com mining pool officially mined its 10th block after securing nearly 1% of global hashrate. Its founder Roger Ver noted that Bitcoin.com has been paying its miners around 6% more than other major pools. The emergence of the Bitcoin.com mining pool and its 1% global hashrate holds more significance than others may imagine, considering their stance on the Bitcoin block size debate. Importance of Bitcoin.com’s Rising Hahsrate. Bitcoin Unlimited, a project designed to hard fork the Bitcoin network for scalability, allows miners and node operators to decide their own....
Bitmain has announced the launch of its latest open source BTC.com bitcoin mining pool with new improvements and attractive pricing. Bitmain, the Bitcoin Mining ASICs manufacturer has launched a new open source mining pool. The new mining pool is part of BTC.com, the company’s Bitcoin block explorer, analytics tools and wallet services arm. According to the company’s blog post, Bitmain is offering a great deal to all the users joining its new mining pool. All miners on BTC.com mining pool will be able to mine the digital currency without having to pay any mining fee until next year.....