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What is a P2P mining pool (P2P stun)

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What is a P2P mining pool

What is a P2P mining pool and what is a P2P mining pool What is a P2P mining pool In traditional Bitcoin mining, mining machines and ASIC chips are maintained by third-party companies. For P2P mining pools, they need to have their own proprietary hardware devices to maintain the operation of mining machines, such as graphics cards or other specialized integrated circuits (GPUs) and corresponding software systems. However, as miners conduct transactions and purchase computing power through the internet, mining services will manage these servers and pay high fees. This means that users can use their own computers or phones to deposit the excavated coins into the mining pool So how can we solve this problem 1. By providing a cloud hosting platform to obtain Bitcoin rewards, the operation and maintenance team of the cloud hosting platform can automatically allocate returns based on user needs. If miners do not choose cloud hosting, they need to receive more returns from customers. Because the mining pool itself is a secure network node, it must remain online in order to continue operating. So when we consider the price difference between the services provided by miners and the price of Bitcoin, this situation may change 2. Initiate delegation to the mining pool through smart contracts to ensure that anyone in the pool can provide liquidity, making the mining pool a more effective solution and not affected by any centralized control. The purpose of doing this is to ensure that the mining machines in the mining pool can operate normally for a period of time, avoiding the possibility of being attacked by malicious 51%. 3. Notification can be sent to the mining pool through proxy, requiring the mining pool to stop sending messages to users. For example, if a mining pool refuses to receive your transfer or asks if you have received the payment. At present, many mining pools have expressed support for this feature, but there are still some mining pools that hope to give up this feature to some extent According to official news, stocks is a new P2P model. When users use ETH and BTC for transactions on STONKS, they do not need to use intermediaries to obtain profits; When a user purchases an asset using ETH, they need to be provided with funds in exchange for another asset in return (such as a pledge)

P2PTunk is a decentralized exchange similar to Lightning Network. It allows users to deposit their Cryptocurrency in one place and exchange it with others, then they can earn interest, reward and share profits. (Medium)

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