MultiversX Tracker is Live!

Sub-Pooling is game changing for miners

All Cryptocurrencies

by COINS NEWS 151 Views

There is a lot of debate between what is better, proof of work or proof of stake. That truly isn’t the point of this post. For the record, I think they can and should co-exist as both have many pros and cons.

However, focusing on PoW and mining, there is a revolutionary piece of technology called sub-pooling. Many of you here on Reddit have heard of Ergo. Well, a Dapp on Ergo called Getblok has implemented sub-pooling for miners. This actually enables miners to receive rewards from more than one coin/token at a time. So even if a coins price drops, the value of the second tokens’ rewards offsets the price drop to protect profitability.

This is game changing because mining is largely incentive driven. I definitely encourage you guys to check it out. Hope you’re all staying safe out there in the bear market, take care.

submitted by /u/SkepticalCryptoDude
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments