A crypto pool is a gathering of multiple cryptocurrency miners or stakers who combine their resources to enhance their chances of earning rewards. Instead of working alone, participants share their processing power or coins to solve complex mathematical problems or validate transactions more efficiently.When a pool successfully mines a block or completes a staking task, the rewards are distributed among members based on their contributions. This setup makes it easier for individual miners or stakers, especially those with limited resources, to receive consistent payouts rather than waiting long periods for a solo effort to pay off.Crypto pools can vary in size and structure, with some pools having rules regarding fees and payout systems. They provide a collaborative approach that helps balance the risks and rewards of mining or staking, enabling participants to receive smaller, more frequent rewards rather than hoping for a large win from solo mining.
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