• Latest
  • Trending

Largest Monero mining pool is shutting down

August 1, 2022

Caught between Bitcoin put/call options? Let this be your guide

August 15, 2022

Ethereum’s metrics that could determine your portfolio value this week

August 15, 2022

Pre-Merge: Here’s the full scope of the ETH 2.0 Deposit contract

August 15, 2022

Ethereum Classic [ETC] is up, again, but this is the reason this time

August 15, 2022

Bitcoin [BTC]: Watch out for these bull run signs the next time you check the charts

August 14, 2022

Can MATIC really leverage the hype around Ethereum for more upside?

August 14, 2022

Ethereum [ETH]: Read this before you decide to cash in on that FOMO

August 13, 2022

Norwegian BTC Miner Moves Beyond the Arctic Circle to Cut Energy Costs (Report)

August 13, 2022

Ethereum Market Observes Pileup Of Leverage As ETH Breaks $2k

August 13, 2022

What these divergences mean for LDO’s waning buyers’ interest

August 13, 2022

Ethereum Sees Setback After $2k, But Price to Maintain Upward Trajectory

August 13, 2022

Ethereum [ETH]: Here’s the question of profit now that ETH is above $2K

August 13, 2022
Retail
Monday, August 15, 2022
  • Home
  • Learn About Crypto

    VC Investment In Crypto Skyrockets, Crypto Startups Raised $12 Billion In Q1 2022

    The Rise Of Subscription-Based Exchanges And Truly Zero-Fee Trading

    Peeling Away The Blockchain Infrastructure Layers

    Why Web3 Is All About Community

    Stacks Unleashes The True Power Of Bitcoin With Its Layer-1 Scaling Solution

    Where (And How) To Buy NFTs In 2022

    Why Major Companies Are Dabbling Into Stablecoins?

    AI Computing Network Morphware Gets Support From Harmony

    The Newcomers Guide To Finding Crypto’s Next Big Token

  • Bitcoin

    Bitcoin Balance On Exchanges Soars, BTC Price Displays Weakness

    Bitcoin’s $18k Level Probably Constitutes a Bottom and Will be Retested, says Bitmex’s Hayes

    Twitter Posts $270M Q2 Loss, Blames Weak Ad Market and Uncertain $44b Elon Musk Deal

    California Approves Major Bitcoin Regulation As BTC Looks At $28K

    Bitcoin Mining Made Easier, Could This Be A Game Changer

    Funding Rates Return To Neutral Following Bitcoin Relief Rally

    Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

    Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

    Former Coinbase Employee Charged With Insider Trading for Tipping Off Brother and Friend on New Crypto Listings

  • Ethereum

    Caught between Bitcoin put/call options? Let this be your guide

    Ethereum’s metrics that could determine your portfolio value this week

    Pre-Merge: Here’s the full scope of the ETH 2.0 Deposit contract

    Ethereum Classic [ETC] is up, again, but this is the reason this time

    Bitcoin [BTC]: Watch out for these bull run signs the next time you check the charts

    Can MATIC really leverage the hype around Ethereum for more upside?

    Ethereum [ETH]: Read this before you decide to cash in on that FOMO

    Ethereum Market Observes Pileup Of Leverage As ETH Breaks $2k

    What these divergences mean for LDO’s waning buyers’ interest

  • NFT

    Vitalik Buterin Wants To Upgrade NFTs, Crypto Community Opposes Proposal

    Top NFT Collections Rise in Price After Latest US Fed Hike

    Zuckerberg Braces for Battle with Apple over Metaverse as Regulator Warns about Meta’s ‘Virtual Empire’

    Physical Art Narrowly Wins Over NFTs in Damien Hirst’s Experiment

    NFT Hacks Via Discord Could Be Connected

    Coinbase Releases First Part of BAYC-Featured Movie while COIN Keeps Tanking & ARK Dumps Coinbase Shares

    Law Firm is Trying to Organize Class Action Lawsuit Against Yuga Labs

    ENS Bidding ‘Joke’ Goes Wrong, NFT Whale Loses ETH 100

    Tron’s Justin Sun Eyes ‘Acquisition’ Move for Tencent’s NFT Division

  • Altcoins

    What’s in store for BAT holders- Resistance zone or sell-pressure

    Decoding the reason behind falling cryptocurrency related stocks

    ZCash: Amid a bearish divergence, here’s where you can expect a pullback

    Payments Firm Stripe Adds Crypto Support For Twitter

    TRON at a pocket of demand; should investors take profit or HODL

    Top Privacy Coins Blaze Past Bitcoin This Week, Here’s Why

    THETA, Terra, FTX Token Price Analysis: 22 April

    Tron (TRX) Is Pumping Amid A Crypto Crash, Here’s Why

    Report: With over $47 billion in ‘realized’ crypto gains, this nation leads the pack

  • Mining

    Norwegian BTC Miner Moves Beyond the Arctic Circle to Cut Energy Costs (Report)

    Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022

    New Legislation Calls for All Gold Mined in Brazil to Be Tokenized on a Blockchain

    3 trends that will shape the future of Bitcoin mining

    Bitcoin mining stocks record whopping gains in the last 30 days despite dull markets

    BTC mining stocks double in a month as production ramps

    Coming sooner: ETH devs move up the date for Merge

    Stronghold Digital Mining pushes back Q2 earnings due to ‘significant announcement’

    Bitcoin Miner Core Scientific Sticks With Its Year-end Hashrate Projection

  • Financial News

    Inflation Could Squeeze Dollar Stores, Too

    Dollar General, Occidental Petroleum, Guess and more

    Courtroom Drama Clouds Post-Covid-19 Recovery for Regal Cinemas’ Owner

    Mortgage Rates Top 4% for the First Time Since 2019

    Dollar General, Accenture, Warby Parker and others

    China’s Housing Market Needs More Than Talk From Beijing

    Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion

    Netflix Will Be Sticking to Its Script

    New Gig Surcharges Are Hardly a Gas

  • Market Cap
No Result
View All Result
What's Up Market
No Result
View All Result

Largest Monero mining pool is shutting down

August 1, 2022
in Mining
0 0
0

www.cryptopolitan.com

2 h

Studying time: ~2 m


The biggest Monero mining pool by hashrate MINEXMR has revealed it should cease operations on August twelfth. The information at the moment comes months after the mining pool was bashed for controlling a big proportion of all mining hashrate on the privateness token blockchain. 

MINEXMR Monero mining pool closes

Throughout the time of writing, MINEXMR had a complete hashrate of 1.06 Gh/s, which accounts for roughly 42% of the Monero community hashrate – 2.51 Gh/s, in accordance with miningpoolstats. Additionally, the variety of lively miners within the pool was round 9,399. 

YOU MAY ALSO LIKE

Norwegian BTC Miner Moves Beyond the Arctic Circle to Cut Energy Costs (Report)

Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022

MINEXMR didn’t specify any explicit cause for its choice to shut the biggest Monero mining pool. It mentioned all miners utilizing the pool ought to reconfigure their mining rigs to a unique pool, exactly p2pool, earlier than August twelfth. It added that pending rewards after the closure could be despatched robotically. 

We advocate transitioning to the decentralised p2pool. There are not any pool charges when utilizing p2pool and the decentralised pool helps to help the Monero community.

MINEXMR. 

p2pool is the seventh-largest Monero mining pool. It holds solely 79.49 MH/s hashrate at press time. 

A win for Monero?

The Monero neighborhood appears to dislike the truth that MINEXMR managed a good portion of the general community hashrate. In February, they bashed the MINEXMR operators for controlling about 44% of the community hashrate at the moment, urging miners to depart the pool for the sake of decentralization.

The mining operation Minexmr instructions 44.084% of the community hashrate. The hashrate stemming from Minexmr has the Monero neighborhood debating on social media and boards and arguing over whether or not or not it should threaten decentralization.

— Continuum Market (@Continuum3000) February 23, 2022

As MINEXMR closes, the focus of the hashrate is prone to unfold amongst different mining swimming pools. There’s additionally a chance that hashrate may flock to a single pool, which may persist the centralization risk.

XMR is presently buying and selling at $156.48, a 0.34% and seven.27% improve on the day by day and weekly timeframe, respectively. 


Source link

Tags: LargestMiningMoneropoolShutting
ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Caught between Bitcoin put/call options? Let this be your guide

August 15, 2022

Ethereum’s metrics that could determine your portfolio value this week

August 15, 2022

Pre-Merge: Here’s the full scope of the ETH 2.0 Deposit contract

August 15, 2022

About Us

The website strives to educate individuals in making wise choices about Cryptocurrencies, Mining, Financial Market, and more.

Recent News

  • Caught between Bitcoin put/call options? Let this be your guide
  • Ethereum’s metrics that could determine your portfolio value this week
  • Pre-Merge: Here’s the full scope of the ETH 2.0 Deposit contract

Newsletter

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2022 whatsupmarket - All rights reserved

No Result
View All Result
  • Home
  • Learn About Crypto
  • Bitcoin
  • Ethereum
  • NFT
  • Altcoins
  • Mining
  • Financial News
  • Market Cap

© 2022 whatsupmarket - All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183336-4.61%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%
  • B20B20(B20)$0.4507925.62%