What is a mining pool node (HPool mining pool)?

What is a mining pool node? According to official sources, a mining pool node is

What is a mining pool node (HPool mining pool)?

What is a mining pool node? According to official sources, a mining pool node is an investment institution initiated by Distributed Capital (Foundation Capital) with the aim of “shared mining”. By providing a decentralized and permissionless mining platform, users can obtain high returns without participating in any mining process. Currently, many mainstream currencies including BCH and BSV can be staked through mining pools or other digital assets can be used as collateral to generate income.

Minapool nodes are jointly created by blockchain project parties. Their responsibility is to connect miners with the community and coordinate various activities on the network, enabling them to complete all related work and maintain the entire ecosystem.

Since mining pool nodes have their own business processes, they can allocate funds based on user interests and decide how to adjust ownership and expenditure within the mining pool. At the same time, mining pool nodes also have requirements for interaction between transaction validators and other miners.

HPool Mining Pool

According to official sources, HPool mining pool was officially launched on July 8, 2020. This mining pool is jointly operated and provided by well-known mining platforms such as Huobi Mining Pool and BitDeer. Users can earn rewards by depositing ETH and HBTC; they can also purchase HPool mining products on other platforms.

Currently, the HPool.com mining pool supports trading pairs such as HBTC/USDT, HLTC/USDT, and HEOS/USDT. At the same time, the mining pool also supports deposit, withdrawal, and trading of HT and BNB on the HECO network, as well as liquidity mining.

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