RATE Group | Bitmain’s BTC.com Is Launching an Ethereum Mining Pool
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Bitmain’s BTC.com Is Launching an Ethereum Mining Pool

30 Aug Bitmain’s BTC.com Is Launching an Ethereum Mining Pool

Posted at 12:20h in Ethereum News by

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Bitmain-backed mining pool BTC.com is expanding its offerings to include ethereum and ethereum classic, the company announced Thursday.

BTC.com, which claims to have mined 21 percent of all bitcoin blocks last year, will offer the new mining client through its pool.btc.com portal, and will also offer an ethereum block explorer and API, according to a press release. The service will allow miners to switch their hashing power from one pool to another, depending on the market.

The move is part of an effort to “help ethereum scale its mining infrastructure,” the announcement stated.

Bitmain’s project director Zhong Zhuang said that the firm hopes “to expand ethereum’s network by relaying … rewards through our [Full Pay Per Share] system,” which rewards miners for participating in the pool.

Notably, the new pools will include GPU and CPU mining options, the release indicated, despite the fact that Bitmain released its first ethereum-focused application-specific integrated circuit…

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