This past September Bitcoin.com started mining with its very own pool and mined its first block, 430757, on Wednesday, September 21, 2016. The following month our mining pool steadily increased its hashrate capturing 1 percent of the global network in October. Since then the pool’s computational power has increased, currently running at 80 Ph/s and handling 2.456 percent of the global hashrate.
Bitcoin.com pool operators to the left, a CEO in the middle and a couple of happy miners on the right.
Bitcoin.com’s Chief Technical Officer, Emil Oldenburg, who helped get the mining pool up and running gives our readers some insight about the pool. Oldenburg tells us he helped develop the pool with Bitcoin.com’s developer Shaun Chong, and Bitcoin Unlimited developers Andrew Stone and Andrea Suisani. Furthermore, the CTO explains the new pool offers miners incentives like no other mining program and encourages people to join the group.
“We are paying more on Pay-Per-Share (PPS) than any other pool, We pay a 110% block reward, and charge 0% fees for PPS and Pay Per Last N Shares (PPLNS). Bitcoin.com’s mining pool pays PPS directly instead of giving miners some fees after the blocks are mined. Our reward scheme is simpler and is guaranteed to make the miner more money regardless of luck.”
For more information about Bitcoin.com’s Mining Pool, there is an official discussion thread located in our forum here,