What is a mining pool ?¶
A mining pool is a joined group of cryptocurrency miners who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A “share” is awarded to members of the mining pool who present a valid partial proof-of-work.
So unless you want to solo mine, which is unfeasible for many people, you will need a pool to mine towards. Make sure to choose the one closest to you!
BLOC Mining Network¶
You can find a complete list of the BLOC mining pools available on the BLOC MINING section of our website.
Official Mining Pools¶
Built and maintain by the official BLOC Team
Community Mining Pools¶
Built and maintain by the Community
Definition of Fees¶
Rather simple; the pool operator will take a percentage of the reward of the block found for himself.
- the fee is 0.1%
- the block reward is 20 BLOC
- 20 x 0.1% = 0.02 BLOC
Therefore, the pool operator will take 0.02 abLoc for himself.
Add your mining pool¶
Do you have a mining Pool for BLOC ? Would you like to be added to the official mining pools list on the BLOC MONEY website here ? Just contact us using our social media accounts or simply by email.