Coin Stories cover image

D++: Understanding Bitcoin Mining Simply

Coin Stories

00:00

Mining Pools - Are There Any Threats?

Mining pools are a way for miners to pool their resources and share the profits. Think of this as being like a lottery ticket. There's no risk to centralization in mining pools, because individual miners can change pools at any time. I love that idea of this is the greatest opportunity for a wealth transfer to the people who need it the most.

Play episode from 37:05
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app