F2Pool as well as AntPool: that are they?

The long-awaited and planned halving of Bitcoin (BTC) took place yesterday and it was AntPool that mined the halving block, number 630,000, taking home the new reward of 6.25 BTC plus the corresponding fee of 0.9 BTC, while the previous blocks were mined by F2Pool.  Before entering the virtual bitcoin mine we have to explain

The long-awaited as well as organized halving of Bitcoin (BTC) happened the other day as well as it was AntPool that extracted the halving block, number 630,000, taking house the brand-new incentive of 6.25 BTC plus the matching charge of 0.9 BTC, while the previous blocks were extracted by F2Pool

Before going into the digital bitcoin mine we need to clarify a couple of features of mining. To start with, it needs to be stated that any individual can extract bitcoin as well as begin to compute the hash to verify deals and also earn money for the development of brand-new blocks.

Over time, as a result of the price of electrical energy and also mining equipment, some miners have actually collaborated to produce the supposed mining swimming pools to incorporate the computer power of specific miners. When the block is uncovered, the reward is dispersed proportionally to the individuals in the swimming pool.

About AntPool

The miner that extracted the last block prior to the halving was AntPool, a Chinese swimming pool co-founded by Tian Xin, which has a great deal of power to its benefit: for instance, for BTC alone it has 14.9 EH/s, which stands for regarding 13% of the overall bitcoin hashrate

Interestingly, this swimming pool is not just extracting for the bitcoin blockchain however likewise for various other ones like BCH, LTC, ETH, ZEC. On top of that, there are 2 of the DigiByte (DGB) formulas, SHA256 D and also Scrypt. The diversity is clear, permitting AntPool to lower threats which it would certainly undergo if it just count on one blockchain.

Who is F2Pool?

Another mining swimming pool is F2Pool which has 19% of the bitcoin computer power as well as has actually extracted several of the 10 obstructs prior to the halving.

Launched in 2011 as a personal swimming pool, in 2013 Chun and also Shenyu introduced F2Pool sustaining BTC as well as LTC and also for over a year it was the benchmark mining swimming pool throughout China.

The breakthrough was available in 2015 when it came to be the biggest mining swimming pool in the world with a turn over of over $1 billion.

Interesting little note: it was F2Pool that included this message in the block 629,999:

” NYTimes 09/ Apr/2020 With $2.3 T Injection, Fed’s Plan Far Exceeds 2008 Rescue.”



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