What is DDAM public chain mine pool
Mine pool refers to:
as the computing level of the whole bitcoin network continues to rise exponentially, a single device or a small amount of computing power can not get the block reward provided by the bitcoin network on the bitcoin network
after the computing power of the whole network has been improved to a certain extent, the low probability of getting rewards has prompted some geeks on "bitcoin talk" to develop a method that can combine a small amount of computing power and operate jointly, and the website established in this way is called "mine pool"
extended data:
the existence of the mine pool reces the difficulty of bitcoin and other virtual digital currency mining, reces the mining threshold, and truly realizes the bitcoin mining concept that everyone can participate in
but its disadvantages are also very obvious, because computing power is connected to the mine pool. As a mine pool, it will have huge computing power resources. In the bitcoin world, computing power represents the bookkeeping right, and computing power is everything. If the computing power of a single mine pool reaches more than 50%, it will be easy to launch 51% attacks against virtual digital currencies such as bitcoin, The consequences are very terrible:
the mine pool can make the mine pool with 49% of the remaining computing power have no harvest, instantly quit the competition and go bankrupt. The mine pool's computing power exceeds 50%. If 51% attack is launched, it will easily occupy all the effective computing power of the whole network
there are two ways of investment: 1. Investment of mine pool fund, with an initial investment amount of 100000 to several hundred thousand; The investment cycle is half a year, and the income is higher than that of general bank financial procts. 2. Recently, the popular version of mine pool computing power investment is launched, with low threshold and stable income, mainly through leasing personal computing power to obtain a certain proportion of income; The income mainly depends on the amount of investment, the amount of calculation and the age of calculation. When the market performance of blockchain is not good, the proportion of revenue decreases or at most there is no revenue, which will not affect their own money
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