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What coins do general mining pools mine (how do mining pools make profit)

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What coins do general mining pools mine? How do miners distribute their earnings

What coins do general mining pools mine (how do mining pools make profit)

What coins do general mining pools mine? How do miners distribute their earnings? How to obtain earnings from mining bitcoins? How do ordinary mining pools mine these digital currencies? In simple terms, it is buying a token with your own electricity costs and then using it to purchase an exchange or some form of virtual goods. For example, if you have a laptop with a game software installed (similar to the Apple system), you can use it as a wallet directly. Of course, it can also be a mobile application. But if you don’t do this, your phone may never function properly.

How do mining pools make profit

According to mining pool revenue platform CoinGecko data, as of 12:30 on May 9th, the BTC network’s total computing power was 150.75TH/s. The ETH network’s total computing power was 160.05TH/s, with a growth rate of 95.5% compared to before; and the ETC network’s total computing power was 60.64TH/s, with an increased growth rate of 21.7%.

According to CoinMarketCap data, there are currently 21 cryptocurrency exchanges in the top 100 rankings globally that have obtained mining-related licenses and launched 7 mining businesses, with Binance and Huobi respectively ranking first and second with 3 and 2 licenses.

In the field of mining, there are mainly three aspects: first, revenue from transaction fees, including the price impact of mainstream digital assets such as Bitcoin; second, trading volume from the decrease in prices of other digital assets; third, the influence of miners on market share and the decreased recognition of the overall market.

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