A Progressive Pool is a mining concept that addresses the challenges of traditional mining pools by providing more dynamic and fair distributions of rewards. In a standard mining pool, participants combine their computational power to solve blocks, sharing the rewards based on their contribution. However, this can lead to issues of centralization and unequal rewards for miners who may not have consistent power.In a Progressive Pool, the payout system evolves based on the pool’s performance and the contributions of individual miners. This means that the reward structure adapts to ensure that even smaller or less consistent miners have a chance to earn fair returns. As a result, it encourages participation from a wider range of miners.Moreover, Progressive Pools often use innovative algorithms to track contributions and adjust payouts in real-time. By promoting fairness and inclusivity, these pools aim to create a more balanced mining environment and reduce the risk of a few large players dominating the space. This approach can foster a healthier ecosystem for miners of all sizes.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to