Poolin Wallet is proud to announce a strategic partnership with Singaporean hedge fund Three Arrows Capital with the aim to provide our users with compliant, secure and easy-to-understand financial products. The first of these products will be available mid-June this year in our Poolin Wallet app.
Three Arrows Capital was established in 2013 as a licensed financial institution regulated by the Singapore Monetary Authority (MAS) Three arrows capital brings also many years of experience in the digital currency industry. We look forward to this fruitful partnership for years to come.
Download the Poolin Wallet today!
The market to sell hash rate in exchange for bitcoin has undergone staggering growth in the epoch since the last halving. There is practically 100 times the level of competition today as there was four years ago (up 125 exahashes from 1.4 exahashes).
After the last halving in 2016, 16nm chips were first hitting the market pushing 14 terahashes per second (T/s) at an efficiency of 100 watts per terahash (W/T). Since then, 10nm & 7nm chips have turned on with over 100 T/s down to 30 W/T. Advancements in chip design and fabrication have more than doubled the efficiency of ASICs and are nearly 100 times as powerful. While 5nm chips are only just beginning to join the network, the 7nm chip market has been expanding for a couple of years, forcing 16nm and 10nm chips to find cheaper electricity or capitulate. Mining operations have branched out internationally across energy markets looking for cheaper electricity to widen profit margins and prolong the lifespan of their machines. …
At Poolin we leverage our insight as the number one mining pool to build open-access tools for the mining community. Bitcoin & cryptocurrency mining requires constant vigilance to adjust operations in order to maximize profits and remain competitive in a highly dynamic system. With an increasing variety of new ASICs having different properties, it’s critical to understand how each piece of hardware responds under changing circumstances. The constant dance between price fluctuation, energy/hardware costs, network difficulty and block rewards, keeps everyone on their toes. …
Pushtx is a bitcoin transaction accelerator that allows you to get faster confirmations on your unconfirmed transactions. Due to the bulk transactions and frequent congestion in the bitcoin network you might discover that your bitcoin transaction is taking longer to confirm then what you originally intended for, but, fret not! Poolin’s Pushtx can help you.
What we have accomplished in 2019:
We have experienced significant growth this year thanks to our continued expansion of the team, tools and service. Our miners trust that with Poolin they can forecast into their own future endeavors with confidence. Our team has over 6 years of experience in the cryptocurrency mining industry!
2. Tools, Bitcoin and Bitcoin Cash hashrate auto switch
Tools play an important role in the daily workload of a mining operation. We have, with our years of experience, pinpointed the main issues miners face and built tools to remedy them. We also released in 2019 a hashrate auto-switch feature which bumped the profitability up for our miners. …
Merge-mining is the process where two or more cryptocurrencies are mined with the same hash power at the same time. A miner is then able to find blocks on different chains concurrently. This process is known technically as Auxiliary Proof of Work or AuxPoW. The benefit of merge-mining is greater security for the auxiliary chain; this is accomplished by leveraging the greater security from the parent chain. Only coins sharing the same algorithm and that have this technical feature implemented can be merge-mined.
Poolin supports various merged-mined cryptocurrencies: Dogecoin, Namecoin and Vcash.
Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as “the internet currency.” …
Poolin continues to expand it’s services in the efforts to provide the best infrastructure and options for our miners.
Today, we are more than happy to now provide the option to mine Ethereum!
Ethereum is a global, open-source platform for decentralized applications. On Ethereum, you can write code that controls digital value, runs exactly as programmed, and is accessible anywhere in the world. — Ethereum.org
That’s not all! Our expansion into the international markets requires mining nodes near our trusted miners, with that said, we just fired up a European node to better server our customers in that region.
⛏️Start mining with us today! Go to Poolin and setup an account, it’s that easy! ⛏️
The blockchain and cryptocurrency industry continues to inspire us at Poolin. We believe staunchly in educating and enhancing the mining and cryptocurrency communities as much as we can, in that spirit, we organized multiple meetups and attended blockchain conferences around Europe. We met many like-minded individuals building the future of our industry. At Poolin we strive to listen to what local miners have to say about their experiences with pools in the attempt to continue to provide our excellent world-class mining pool service.
“Poolin was born in 2017 and is already one of the top cryptocurrency-mining pools in the world. The mining industry is evolving at an exponential pace. The time is now to expose Poolin’s excellent suite of cryptocurrency-mining products and services to the global…