{"id":39830,"date":"2021-08-26T09:45:00","date_gmt":"2021-08-26T07:45:00","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=39830"},"modified":"2021-08-26T09:45:00","modified_gmt":"2021-08-26T07:45:00","slug":"kucoin-launches-a-proof-of-work-mining-pool-to-incentivize-green-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/kucoin-launches-a-proof-of-work-mining-pool-to-incentivize-green-bitcoin-mining\/","title":{"rendered":"KuCoin Launches a Proof-of-Work Mining Pool to Incentivize Green Bitcoin Mining"},"content":{"rendered":"
Seychelles-based crypto exchange KuCoin has launched a Proof-of Work (POW) <\/strong>mining poo<\/strong>l<\/a> that will offer miners much lower mining fees and improved efficiency.<\/p>\n <\/p>\n KuCoin announced the launch of pool in a press release<\/a> on Wednesday, August 25. The exchange said that its Proof-of-Work mining pool would allow miners around the world to contribute to the Bitcoin (BTC) and Bitcoin Cash (BCH) mining and share rewards. Miner can connect their operations with pool to earn a stable and consistent rewards.<\/p>\n According to the announcement, the PoW pool aims to serve global crypto miners who can integrate their mining rigs to the KuCoin Pool and earn continuous rewards. The pool will offer improved mining efficiency and a convenient interface to cater to miners worldwide.<\/p>\n <\/p>\n The pool will initially feature Bitcoin (BTC) and Bitcoin Cash (BCH) mining. From August 25 to November 24, users who connect BTC and BCH hashrates on KuCoin Pool can enjoy different discounts on mining fees according to the hashrate size.<\/p>\n