Last year, the government of the country legalized the transfer of assets france blockchain and established a workgroup to study the technology.
What is a mining pool? As there are only 5 million coins left to mining mined, the complexity of the algorithm required for making the next record in the ledger is constantly growing. Mining, irrespective of the number of graphics cards or ASICs you have, it is hardly possible to find a block on your own, or you might have to spend several years on this task. A mining pool is a server that divides the execution of a complex algorithm aimed at recording the next block in the ledger in small tasks between all connected devices.
After france block is mined, every participant of the pool receives remuneration proportionally to the resources he or she spent on hashing, i. Unlike individual mining, a whole team works on the task in pools, and every participant is awarded mining on his or her contribution to the mining of a block.
There are over different pools in the world, so before you make mining choice, always pay attention to the following criteria: Define the hash power of the pool. Read More