Choosing an Ethereum Mining Pool for Mining ETH
When mining ETH, which mining pool should you choose? Before the launch of the E
When mining ETH, which mining pool should you choose? Before the launch of the Ethereum mainnet, it is necessary to understand the following aspects: obtaining liquidity through staking ETH, supporting LP tokens for staking ETH/BTC, and staking ETH and shorting ETH.
Firstly, it is important to know that the Ethereum network currently has six chains:
- Polygon (formerly Matic Network)
- Polygon (formerly Binance Chain)
- BSC (formerly Avalanche)
Among them, ETH is a network that adopts sharding technology and is operated by Ethereum nodes. After entering I into
https://bscscan.com, you can choose the most suitable mining pool according to your own hashing power ratio.
Which mining pool to use for mining ETH
ETH was launched on the Ethereum mainnet on January 13, 2018, and as of the time of writing, the price of ETH is $6.55. The project has completed three hard fork upgrades so far (expected to be completed by the end of May).
Due to the high profitability of ETH mining and issues such as centralization of hashing power, many investors are considering which mining pool to use for ETH mining. According to CoinMarketCap’s data, ETH has completed three rounds of testing and iterations, with the highest single-coin staking amount reaching around $400 million. Other mainstream platforms such as Poolin and Gate.io have also announced their support for ETH mining services.
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